July 2007: Grupo Katry, active in a broad range of sectors such as engineering, construction and services, renewable energies, real estate and agri-food business, acquires Gr4, group involved in the provision of installation, construction and other services related to the distribution and usage of natural gas, present in Spain, Portugal and Brazil.
Gr4, founded over 60 years ago, is one of the leading players in its sector, with over 700 employees and revenues totalling more than €60 million in 2006. Ownership and management has remained in the hands of the González family since its foundation.
Grupo Katry, with the acquisition, reinforces and enhances its engineering, construction and services division with the specific know-how of Gr4 in the natural gas sector and in others, such as water, with favourable growth prospects.
SOCIOS advises the shareholders of Gr4 in the identification of potential buyers and in the negotiation and closing of the transaction.
