Hogan Lovells Advises syncreon on Acquisition of Compuspar
07 February 2011
LONDON, 7 February 2011 - Hogan Lovells has advised industrial logistics and supply-chain management company syncreon on the acquisition of Spanish based Compuspar. The deal, affecting 15 countries, closed on 3 February for an undisclosed sum.
syncreon boasts over 75 facilities in 20 countries and has approximately 10,500 employees. Compuspar is a supply chain services company based in Barcelona which provides repair, warranty and reverse logistics solutions to the technology industry.
The acquisition allows syncreon to introduce a technology service offering into the new markets of China, Australia and Mexico, as well as to strengthen its current offering in Europe and its key target markets of the U.S., Poland and Brazil.
The Hogan Lovells team advising syncreon was led from the London and Madrid offices by partners Amit Nayyar and Jose Maria Balana, assisted in London by Fatema Dawoodbhai and Suzy Penney and in Madrid by Victor Asenjo, Sara Fernandez and Pedro Martinez.
The deal required a large cross-border team which included, amongst others, Nikolas Zirngibl and Andreas Kupsch (Munich), Alexis Terray and Delphine Vanner (Paris), Chiara Cimarelli (Rome), Tomasz Zak (Warsaw), Anna Elshafei and Shanshan Xiao (Shanghai) and Carlos Deupi (Miami).
Amit Nayyar, partner in Hogan Lovells London private equity team, said:
"We are pleased to have been able to advise syncreon on this important acquisition which, with the addition of 18 locations and more than 900 employees, will lead to expansion in Europe and North and South America."
Hogan Lovells was assisted by Creel, Garcia-Cuellar, Aíza y Enriquéz in Mexico, Amaral Gurgel Fischer & Forster Advogados in Brazil, Posse, Herrera & Ruiz Abogados in Columbia, Severgnini, Robiola, Grinberg & Larrechea in Argentina, Carey y Cía. Ltda. in Chile, Rui Pena, Arnaut & Associados in Portugal, Freehills in Australia and Chapman Tripp in New Zealand.
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