Editor’s note: This article was first published in July 2010, as a short news item about a merger approved on 28 June 2010. The descriptions of both companies reflect their situation at that time.
Another merger between Spanish companies in times of crisis.
On one side:
- COFIVACASA S.A., a single-shareholder company (the absorbing company). Cofivacasa is the SEPI Group entity (SEPI is Spain’s state holding company for industrial shareholdings) responsible for liquidating subsidiaries that came mostly from the former INI (the National Institute of Industry, the old state industrial conglomerate). These subsidiaries no longer have any industrial activity, after going through various restructuring processes in their day.
And on the other:
- SOLUCIONES FERROLANAS S.A., a single-shareholder company (the absorbed company), engaged in maritime freight transport.
Both companies are registered with the Madrid Mercantile Registry. The merger was carried out and unanimously approved by all the shareholders’ meetings on 28 June 2010.
Further reading
Featured image: Gregorio Puga Bailón, CC BY 2.0, via Flickr.
