Grupo Abra, owner of the Latin American airlines Avianca (Colombia) and Gol (Brazil), has announced the acquisition of the Spanish company Wamos Air, specialized in aircraft leasing services with crew, maintenance and insurance included. With this transaction, the Abra Group expects to improve Latin America’s connectivity with Europe.
The alliance is subject to standard closing conditions for this type of transaction, including obtaining approvals from competent authorities, and is governed by European Union regulations.
Advisors
Gómez-Acebo & Pombo advises Avianca, with a team formed by David González, Jorge Martín, Luis Pinedo and Laura Roda, partner, of counsel and corporate associates. Also participating in the transaction were: Marina Carreño and Jimena Sánchez, banking associates; Juan Romero, Ignacio Castellanos and Manuel Ramos, of counsel and public and regulatory associates; Lourdes Escassi and Carmen Abad, of counsel and labour associate; Bárbara Saiz and Elisa Gómez-Bernardo, intellectual property associates; Miguel Troncoso and Laura Lence, competition partner and associate; Juan Sainz, real estate associate; and María de los Ángeles Chávarri, litigation associate.
Deloitte Legal has advised Aerovias del Continente Americano (Avianca), with the advice of the tax team formed by: Cayetano Olmos and Pablo Esteban (partners), Xavier Betrán (senior associate), Xavier Rovirosa and Pablo Moliné (senior associates), Jaime Castaño and Héctor Pérez (associates). On behalf of the labour team: Xavier Pallarés (partner), Diana López and Carolina Llorente (senior associates) and Marina Aranda (associate). The Financial Advisory team has also participated in the transaction.
Squire Patton Boggs has advised the shareholders of Grupo Wamos with a team formed by managing partner Teresa Zueco, Luis Gutiérrez (senior associate) and Jorge Boguñá (associate).