Rousaud Costas Duran has advised Rastar Group, a leading manufacturer and distributor of electronic toys in China, on the acquisition of 54% of the capital share of the Spanish soccer team RCD Espanyol, SAD.
The firm has accompanied the Chinese group throughout the entire negotiation process with the soccer team, in a transaction that has turned Rastar Group into the majority shareholder of RCD Espanyol.
With this acquisition, Rastar Group initiates its trajectory in the soccer field with a strategic project that will revolve around RCD Espanyol and which the Chinese brand wants to expand by generating synergies with the entertainment and broadcasting industry.
As the new majority shareholder of RCD Espanyol, Rastar Group initially focuses its activity on improving the club’s economy, as a first step in order to drive the club in both its playing and social grounds. After the initial investment in the acquisition of shares, the company plans to carry out an additional investment of over EUR 50M, which could be incremented depending on the needs and with the will to ensure the absolute viability of the entity.
After formalizing the agreement, Rousaud Costas Duran will continue to look after the interests of Rastar Group in RCD Espanyol.