Mergers and Acquisitions

Haitong acted as exclusive financial adviser to the France-based asset manager Mirova in the sale of a 25MW Solar PV plant in Évora (south of Portugal).

The Solar PV plant, commissioned in 2019, operates under a pay-as-produced PPA agreement with a reputable offtaker.

Financial advisory to the shareholders of Aitec, SA in the disposal of a majority stake in the company to Henko Partners, a Spanish private equity firm. Aitec SA is the holding company of a leading IT services group in Portugal that operates under the brand name “Link” with offices in Portugal, Brazil, and the Middle East. This transaction will support Link’s international expansion and the growth of its comprehensive IT solutions platform with delivery units in Iberia and Latin America to clients across Europe, Latin America, and the Middle East.

Exclusive financial advisory to CSIC Longjiang GH Gas Turbine Co., LTD. (GHGT) - a subsidiary of China State Shipbuilding Corporation (CSSC) in connections with is acquisition of the gas turbine business from MAN Energy Solutions SE (MAN ES), one of the main subsidiaries of Volkswagen Group (VW).

The transaction was signed in June 2023 and completion is subject to customary approvals.

Haitong acted as exclusive financial adviser to Semapa  - Sociedade de Investimento e Gestão, SGPS, S.A. ("Semapa") on the acquisition of 100% of the share capital of Triangle's Cycling Equipments, S.A. ("Triangle's") for a total consideration of €178.7M.

Triangle's is a reference player in the production of e-bike frames worldwide, having in its client portfolio some of the most prestigious brands of the sector.

This transaction is a step forward in the new cycle of investment and diversification of Semapa, investing in future proof sectors and combining objectives of decarbonisation and sustainability with high growth perspectives.