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AMMG Group’s acquisition of T.S.F. Metalúrgica de Precisão, Lda.

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Posted: 17th October 2024
Luke Ostle
Last updated 25th November 2024
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T.S.F Metalúrgica de Precisão, Lda. is a Portuguese company specialised in large-scale machining and the manufacture of pre-assembled and painted welded assemblies.

The AMMG Group provides a solution for the production of large metal parts for major European customers. Through merging Duchene Industries and T.S.F Metalúrgica de Precisão, Lda, AMMG Group will be able to place themselves as a leader in the European manufacturing industry.

This acquisition marks a significant step in the expansion of the activities of both companies which will strengthen their market positions.

Albuquerque & Almeida, with a team lead by Partner Antonio Mendonça Raimundo, provided legal guidance and counsel to the AMMG Group for this transaction in Portugal. Their counsel included areas such as the structuring of the operation, due diligence, drafting and negotiation of SPA and various ancillary agreements.

www.aalegal.pt

 

“This transaction comes in line with our long tradition of M&A in a variety of industrial sectors, both domestic and cross-border, and we value the industry as an important development factor for our country”

- Antonio Mendonça Raimundo

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