General de Alquiler de Maquinaria, S.A. (BME:GALQ) acquired Recamasa Ruti for 7 million on July 14, 2021. Recamasa had a turnover of 7 million in 2020, with an EBITDA of 2 million and a net profit of 1 million. Confianz Asesores and Confianz Asesores, Legal Advisory Arm acted as a legal advisor and financial due diligence advisor to RECAMBIOS, CARRETILLAS Y MAQUINARIAS, S.L. for the transaction.
General de Alquiler de Maquinaria, S.A. (BME:GALQ) completed the acquisition of Recamasa Ruti on July 14, 2021.