Cajalmendralejo acquires Banco de Depositos

ARCANO acted as financial advisor to Banco de Depósitos shareholders, providing financial institution expertise for the successful execution of the transaction.

 

With this strategic operation, Cajalmendralejo closes the acquisition of 100 of Banco de Depósitos maintaining its operational structure, own management, governance bodies and operating as an autonomous subsidiary of Cajalmendralejo.

Company
Banco de Depositos
Transaction
Sector
Activity
Depository Bank
Date
Country
Spain

Founded in 1975 in Madrid, Banco de Depósitos operates through a traditional banking model, mainly serving the financing needs of non profit organizations and also, to a lesser extent, those of family economies and companies.

Financial institution originally from Extremadura, Cajalmendralejor was founded in 1903 and currently has 125 offices and service points distributed in 6 provinces from 3 Autonomous Communities, most of which are located in Extremadura.