

Luis Molowny
Norgestion
Danosa is the Spanish leading manufacturer of construction materials, focusing on waterproofing, thermal and acoustic insulation, drainage, and geotextiles for both building and civil engineering projects.
Norgestion acted as sole financial advisor to Danosa on the entry of Kartesia as minority shareholder. Danosa shareholders retained Norgestion to look for a financial partner capable to support Danosa’s inorganic expansion abroad. Being a family-owned company where the shareholders were reluctant to lose control and consider a potential exit going forward, the challenge was to find the suitable partner capable to contribute to the plan going forward whereas respecting the independence of the family and refusing to impose drag-alone clauses.