Mariscal Abogados has advised the Cypriot corporate group Heavytech, a leading aviation MRO (Maintenance, Repair, and Overhaul) operator, on its acquisition of 100% of the shares in the Spanish company Hispano Lusitana de Aviación, S.L.
The M&A team at Mariscal Abogados provided comprehensive legal support throughout the transaction, from the initial due diligence to the negotiation and signing of the share purchase agreement. Their professional approach ensured a seamless process, adhering to Spanish corporate law.
Expansion of Heavytech Group’s International Footprint
HeavyTech MRO, a well-known provider of aircraft maintenance, repair, and overhaul (MRO) services, specializes in ensuring the highest standards of safety, efficiency, and performance for aviation assets. Serving military and commercial aircraft globally, the company is renowned for its advanced technology and highly skilled professionals, providing tailored solutions for fixed-wing and rotary-wing aircraft.
Headquartered in Cyprus, Heavytech has established a solid international presence, with representation in Bulgaria, Romania, and Egypt. The acquisition of Hispano Lusitana de Aviación, S.L. marks Heavytech’s entry into the Spanish market as part of its strategy to expand its presence in Europe and diversify its services. Spain’s robust aviation industry, with its extensive network of airports and airlines, provides significant growth opportunities as Heavytech aims to grow its client base and enhance service capacity.
Hispano Lusitana de Aviación, S.L. (HLA)
HLA is a well-established Spanish aviation company specializing in Line and Base Maintenance services for commercial and military aircraft. Known for its expertise in maintaining a wide range of aircraft types, HLA operates across major Spanish airports, delivering tailored maintenance solutions that ensure safety, reliability, and efficiency.
Strategic Plans for Hispano Lusitana de Aviación, S.L.
Following the acquisition, Heavytech plans to expand HLA’s operations by entering new agreements with international airlines and increasing its workforce. Leveraging HLA’s strong presence in Spanish airports, Heavytech will integrate its advanced MRO capabilities to broaden its service portfolio. This strategic growth will enhance Heavytech’s market position and create new job opportunities in the Spanish aviation sector.
Heavytech MRO now boasts 20 years of experience in Line and Base Maintenance activities and aims to expand its line maintenance services across Europe. The company also plans to build new hangars in Spain and Poland to bolster its base maintenance capabilities.
Mariscal Abogados’ Expertise in Cross-Border M&A
This transaction highlights the Spanish law firm’s expertise in cross-border M&A within regulated industries like aviation. Led by M&A partner José María Mesa, with support from associates Mercedes Guitián and Carla Rissmann, the legal team ensured compliance with Cypriot and Spanish legal frameworks. Their deep understanding of the local market and hands-on approach were critical in facilitating a successful transaction aligned with Heavytech’s strategic objectives.
A Trusted Partner for Aviation Industry Transactions
Mariscal Abogados continues strengthening its reputation as a trusted advisor for companies looking to expand in Spain. With extensive experience in M&A, corporate law, and cross-border transactions, the firm provides tailored legal advice that addresses the complexities of each deal. Whether supporting regulatory compliance, contract negotiations, or growth initiatives, Mariscal Abogados remains committed to delivering high-quality legal services to its international clients.
