February 23, 2022
Translink Corporate Finance in Spain advised NOPS-PFI, S.L., 50% shareholders of Circutor on its sale to Grup Comellas i Cabeza, a Spanish holding company belonging to the Comellas family. The deal was closed on February 23rd, 2022.
Circutor, a Spanish group dedicated to the design, manufacture and commercialisation of electrical equipment, was founded by Ramon Pons and Ramon Comellas who developed the business under a 50/50 ownership. The second generation of the two families agreed to split the group into two different lines of business according to each family interests and to complementarity with their other existing companies outside of Circutor’s perimeter.
Founded in 1973, Circutor designs, manufactures, and distributes products in the areas of energy measurement, protection and control. Its portfolio of products includes over 3,000 references, which are sold in more than 100 countries. Circutor has a workforce of 800 full time equivalents (FTEs). In 2021, the Group generated sales of c.€160m.
About GRUP COMELLAS I CABEZA
Grup Comellas i Cabeza is the holding company of the Comellas family and parent company of Circontrol, an electrical vehicle charging solutions manufacturer.
Contact our Team Members advising in this transaction:
Translink Corporate Finance Spain is situated in one of the most beautiful and entrepreneurial cities in the Mediterranean, Barcelona. It’s five partners bring more than 150 years of combined experience in M&A, having successfully advised over 300 transactions in a variety of sectors including: packaging, IT, food, industry, logistics, agribusiness, pharmaceutical and retail among others.