Add-on Acquisition • Financial Services

Banco de Sabadell SA Acquires Caja de Ahorros del Mediterraneo

On December 7, 2011, Banco de Sabadell SA acquired financial services company Caja de Ahorros del Mediterraneo

Acquisition Context
  • This is Banco de Sabadell SA’s 1st transaction in the Financial Services sector.
  • This is Banco de Sabadell SA’s 1st transaction in Spain.

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M&A Deal Summary

Date December 7, 2011
Target Caja de Ahorros del Mediterraneo
Sector Financial Services
Buyer(s) Banco de Sabadell SA
Deal Type Add-on Acquisition

Target Company

Caja de Ahorros del Mediterraneo

Alicante, Spain
Caja de Ahorros del Mediterraneo is a provider of financial services in spain.
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Buyer Overview 1

Buyer

Banco de Sabadell SA

Barcelona, Spain

Category Company
Sector Financial Services
DESCRIPTION

Banco de Sabadell SA is a chartered commercial bank provides financial products and services in Spain.


Deal Context for Buyer #
Overall 1 of 1
Sector: Financial Services 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Spain 1 of 1
Year: 2011 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-28 Sabadell United Bank NA

Miami, Florida, United States

Sabadell United Bank NA is a provider of banking and wealth management services to corporate and individual customers through its 26 branch locations located in Dade, Broward, Palm Beach, Hillsborough, Sarasota, and Collier Counties, in Florida.

Sell $1.0B