Cuatrecasas is advising Grupo Cajamar on Crédit Agricole’s investment in Banco de Crédito Social Cooperativo, the parent entity of Grupo Cooperativo Cajamar, as well as on the commercial alliance between the two banking groups.

The transaction involves the acquisition by Crédit Agricole S.A. of a 9.9% minority stake in the share capital of Banco de Crédito Social Cooperativo, S.A., together with the execution of a commercial partnership covering asset management, custody and administration services, factoring, leasing and vehicle and equipment rental solutions, investment products, and other areas of collaboration that may arise in the future.

Completion of the transaction remains subject to obtaining the relevant non-objection from the European Central Bank (through the Bank of Spain), which is expected in the coming months.

The legal advisory team is led by Corporate lawyers Fernando Mínguez, Carlota Tojo, and Julián Ruan, with support from Valentín García (Employment), and Alejandro Negro (Intellectual Property, Industrial Property, and Data Protection).

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