Auren Corporate has acted as financial advisor to Micromag and its shareholders in the transfer of 100% of the company’s share capital to Grupo Oesía, in a strategic transaction that strengthens the group’s technological and industrial position in key sectors.
Founded in 2000, Micromag is a leading company in the development of electromagnetic solutions primarily aimed at the defense sector, with the capability to transfer its technologies to civilian markets. Since its inception, the company has focused much of its activity on providing radar low observability capabilities to various platforms, particularly in the military field. Its technologies have a wide range of applications across sectors such as defense and security, telecommunications, the electronics industry, and construction.
As part of this integration, Micromag’s founder, Antonio Hernando, will join Grupo Oesía’s Technology Council as Chairman. This body aims to promote and accelerate the professional development of the company’s technological talent.
Auren Spain has recognized the work of the team involved in advising on this transaction, composed of José María Pinedo y de Noriega, Alejandra Molina Díaz, and Fernando Pérez Martínez.
The firm also expressed its gratitude to Micromag and its shareholders for the trust placed in Auren throughout the process
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