Livingstone Madrid’s Industrial sector team is pleased to announce the sale of a 75% shareholding in machinery specialist Inrema to Grupo Zriser. Livingstone advised the shareholders of Inrema on the transaction.
Valencia-based Inrema is a leading manufacturer of tooling machines and provider of related services such as technical assistance and maintenance of industrial facilities for the graphite, metal and automotive sectors. The company has developed proprietary technology and equipment that make it a worldwide industry leader.
Zriser was founded in 2007 by Ana and Pablo Serratosa Luján as an independent family office investment company focusing on capital markets, corporate acquisitions and real estate. The continuing restriction of access to credit in Spain motivated the shareholders of Inrema to appoint Livingstone to advise them and identify a financial partner to support their strategic development. In Inrema, Zriser has backed a highly innovative company within what is a traditional, consolidated sector, offering significant competitive advantages and strong growth prospects in global markets.
Ximo Villarroya, Partner of Livingstone Spain, added: “It was a pleasure to work with Jesús and the management team and we are delighted to have been able to find a partner for the business which offers significant opportunities for future growth.”