M&AGeneralSIGNED
ACS and Portobello Subsidiaries Awarded Barcelona Home Care Contract
Value
€900M
Acquirer
ACS and Portobello subsidiaries
Target
Home care services in Barcelona
Subsidiaries of ACS and Portobello have been awarded a contract for home care services in Barcelona, valued at over 900 million euros including extensions. This decision has faced opposition from some political parties, and the services were previously provided by Suara and DomusVi.
✦ Meridian Analysis
This is a significant public sector contract award in Spain, demonstrating activity in the social services sector. The value of the contract, including potential extensions, makes it a notable transaction for the involved companies.
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