#USA #New York #Grupo Cox #DLA Piper #Iberdrola Mexico

DLA Piper's Role in Grupo Cox's Acquisition of Iberdrola Mexico

In a significant development in the energy sector, DLA Piper has successfully guided Grupo Cox, a leading Spanish multinational company specializing in water and energy, in its acquisition of Iberdrola's assets in Mexico for an impressive total of $4.2 billion USD. This landmark deal stands out as one of the largest cross-border transactions in the energy industry for the year, showcasing the growing competitiveness and strategic expansion within Latin America's energy markets.

An Overview of the Acquisition

The acquisition not only underscores Grupo Cox's commitment to diversifying and strengthening its portfolio but also highlights the increasing opportunities for companies to expand their operations in the dynamic energy markets of Mexico. The deal was facilitated by a seasoned team from DLA Piper, demonstrating the firm’s expertise in navigating complex international legal frameworks and commercial landscapes.

Francisco J. Cerezo, the head of the U.S. - Latin America practice group at DLA Piper, expressed his enthusiasm, stating, "It has been an opportunity for us to work alongside Cox's team on such a historic acquisition. We look forward to supporting the company in its future cross-border endeavors." His sentiment reflects the company's vision of fostering strong partnerships with clients throughout their transactional journey.

Antonio Medina Cuadros, General Counsel and Secretary of Grupo Cox, praised DLA Piper's team for their relentless commitment and professionalism. He stated, "Their extraordinary efforts were pivotal in navigating this complex transaction, demonstrating a level of service that surpasses expectations of legal advisors."

The Team Behind the Deal

The cross-border team from DLA Piper that played a crucial role in this acquisition consisted of over 40 attorneys, showcasing the firm’s robust global presence and expertise. Alongside Francisco Cerezo, notable members of the team included Mauricio Valdespino from Mexico, Edgar Romo, Guillermo Aguayo, Roberto Ríos, and Yoko Takagi from Madrid. Their combined skills and localized knowledge were essential for ensuring the successful execution of the transaction.

DLA Piper's extensive experience and resources in the field of mergers and acquisitions have solidified its status as a top legal advisor. For 15 consecutive years, the firm has maintained a leading position globally in M&A volumes, according to Mergermarket. It has also attained significant accolades in areas like venture capital and private equity, further establishing its reputation in complex corporate transactions.

A Commitment to Client Service

DLA Piper’s commitment to providing exceptional service was recently recognized in the BTI Client Service A-Team 2025 report, highlighting the firm's ability to deliver unparalleled legal guidance based on client feedback. This recognition emphasizes DLA Piper’s dedication to its client relationships and service standards, reinforcing its position as a trusted partner in navigating complex legal landscapes.

Beyond this acquisition, DLA Piper’s Latin America team offers comprehensive legal advisory services to both domestic and international businesses with interests in the region. Their integrated approach combines local insights with a global resources platform, assisting firms in successfully navigating the intricate legal frameworks across Latin America.

With more than 400 attorneys located in key markets like Argentina, Brazil, Mexico, and Chile, DLA Piper is uniquely positioned to support businesses looking to expand their footprints in Latin America, ensuring that their legal needs are effectively addressed.

As Grupo Cox continues to assert its influence in the energy sector through strategic acquisitions, the partnership with DLA Piper exemplifies the firm’s role as a pivotal player in facilitating significant business deals that propel companies forward in their pursuits.