Livingstone has advised Aguilar Metal Recycling on its sale to Sidenor
Livingstone has advised Aguilar Metal Recycling (“AMR” or “the Company”) on its sale to Sidenor. Livingstone acted as exclusive financial advisor to AMR. Terms of the transaction were not disclosed.
Founded in the early 20th century, AMR is headquartered in Sagunto, Sapin, and currently recycles more than 250,000 tons of metal per year. The Company supplies high-quality materials and waste management services to Spanish steel mills.
Bilbao-based Sidenor, the European leader in special long steel, will integrate the Company in order to enhance its capabilities, broaden service offerings and expand into new markets. AMR will gain strength and flexibility to continue its national and international growth while continuing to offer its signature technical support to its clients.
“We have had a strong relationship with Sidenore for many years. There is a mutual understanding and synergy between the companies, ensuring opportunities for collective growth. Integration with Sidenor will be a powerful tool to attract new clients. The support and professionalism of Livingstone throughout the process have been key in successfully closing the transaction,” shared Fernando Aguilar, CEO of AMR.
Ximo Villarroya, Partner at Livingstone Spain, added, “We are delighted to assist AMR in the successful sale to Sidenor. Working with Fernando and his team, as well as with Quater Abogados as AMR’s legal advisors, was a pleasure and we wish them every success in this new and exciting phase.”
Livingstone has a successful track record working in the metals sector, including the sale of National Kwikmetal Services to Banner Industries, a portfolio company of MiddleGround, and the divestment of VDT Vakuumdichttechnik GmbH to Maldaner GmbH.
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