CMS Portugal advised the Portuguese investment fund CREST III on the acquisition of the Flosel Group, which comprises the companies FLOSEL – Instalações Eléctricas e Hidráulicas, Lda., KW – Instalações Mecânicas, Lda. and FLOSEL – Installations Electriques et Hydrauliques (Flosel FR).
With this acquisition, CREST III enters the electrical, hydraulic and mechanical installations market in Portugal, consolidating its growth strategy.
The CMS Portugal team was led by Corporate M&A Partner João Caldeira and included Managing Associate André Guimarães, Associates Francisca Pereira da Cruz and Inês Jones, and Trainee Francisca Esquível.
