Practice Areas: Corporate and M&A

Type: Abreu News

Abreu Advogados advised the sale of the Portuguese wireless telecommunications consultancy Celfinet to the Indian multinational Cyient

Abreu Advogados, law firm, advised the shareholder of the Portuguese wireless telecommunications consultancy Celfinet, Open Spiral, SGPS, SA, in the signing the sales contract of 100% of the share capital of the company to the Indian multinational Cyient, for 41 million euros.

Teresa Anselmo Vaz, of counsel, and Pedro Alves da Silva, partner, from Abreu Advogados, led the assistance to the seller of the recognized Portuguese consultancy throughout the negotiation process, in an operation that integrated more than one jurisdiction, namely, Portugal, Mozambique, United Kingdom, Spain and Brazil.

The advisory included a multidisciplinary team from Abreu Advogados, with lawyers Pedro Alvim, senior associate lawyer, Madalena Caldeira, professional partner, Ricardo Henriques, partner, António Frusoni Gonçalves, senior associate lawyer, Zara Jamal, partner, and Imelda Sousa, associate lawyer at JLA Advogados, a Mozambican law firm member of the Abreu International network.

Celfinet has 15 years of experience and clients from all over the world, having stood out in the market of software solutions and engineering for mobile telecommunications operators.