Baideko advises Mecod shareholders on the sale of 90% stakes to Portugal's Grupo Controlauto, enhancing their presence in Spain's growing vehicle inspection market.

Target Information

Mecod, founded in 2018 and located in the Murcia region of Spain, operates a technical vehicle inspection center situated in Yecla. The center is staffed by 24 employees and is recognized as the third largest inspection facility in the Murcia region. It not only serves local clients but also extends its services to neighboring communities, including those in Valencia and Castilla-La Mancha.

This acquisition aligns with Mecod's strategic position within the industry, allowing for potential benefits in terms of operational synergies and enhanced service offerings due to its existing market presence.

Industry Overview

The vehicle inspection sector in Spain has been experiencing significant growth, driven by increasing regulatory requirements and a heightened focus on roa