#United States #New York #Grupo Cox #Iberdrola #DLA Piper

DLA Piper Assists Grupo Cox in Major Acquisition of Iberdrola Mexico

In a landmark deal for the energy sector, DLA Piper has provided counsel to Grupo Cox, a prominent Spanish multinational company, in its acquisition of Iberdrola's assets in Mexico for an impressive $4.2 billion. This transaction is noted as one of the most significant cross-border operations in the sector this year.

Francisco J. Cerezo, a senior partner at DLA Piper and co-leader of the US-Latin America practice, expressed gratitude for the opportunity to work alongside Grupo Cox. He stated, "We are excited to assist Cox in this historic acquisition and look forward to supporting the company in its future cross-border endeavors."

Antonio Medina Cuadros, the Chief Legal Officer of Grupo Cox, praised the efforts of DLA Piper's team, particularly highlighting the dedication and professionalism of Francisco Cerezo and Mauricio Valdespino in leading the legal proceedings. "Their unwavering work ethic and commitment have greatly exceeded our expectations. The exceptional effort and involvement have been vital to the success of this complex transaction," he remarked.

DLA Piper’s cross-border team consisted of a robust group of over 40 lawyers, including partners such as Edgar Romo, Guillermo Aguayo, Roberto Ríos, and several others stationed in cities like Miami, New York, and Mexico City.

The firm is recognized for its extensive experience in handling intricate deals and transactions. With over 1,000 corporate lawyers globally, DLA Piper supports its clients at all stages of development. Notably, Mergermarket recognized the firm as the top global advisor in M&A volume for an impressive 15 consecutive years.

DLA Piper offers comprehensive legal services to both domestic and multinational companies operating in Latin America. Their integrated approach combines local expertise with the vast resources of the firm’s global platform, including more than 400 lawyers across countries like Argentina, Brazil, Chile, Mexico, Peru, and Puerto Rico.

The firm’s extensive reach, with over 90 offices in more than 40 countries, allows them to meet clients' legal and business needs effectively, whether they are based in Latin America or looking to enter the market.

Recently, DLA Piper received the highest rating for client service in the BTI Client Service A-Team 2025 report, which identifies law firms providing exceptional service based on client feedback.

About DLA Piper

DLA Piper stands out as a global law firm with lawyers in over 40 countries across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region. The firm is well-equipped to cater to the diverse legal needs of its clients worldwide.

In conclusion, the acquisition of Iberdrola’s assets by Grupo Cox, facilitated by the expertise of DLA Piper, marks a crucial advancement in the energy landscape of Mexico and solidifies the firm's reputation as a leader in handling complex, high-stakes transactions.