Irwin Mitchell sells off Spanish offices to Cremades

Cremades & Calvo-Sotelo has emerged as the Spanish firm taking on Irwin Mitchell’s offices in Madrid and Marbella, with the two firms also signing an alliance to work together in the future.

Irwin  Mitchell and Cremades signed an agreement yesterday which will see the Spanish firm absorb the two offices. The announcement comes less than a fortnight after it first emerged that Irwin Mitchell was in talks over the disposal of its Spanish operations (20 September 2013).

Irwin Mitchell first opened in Spain in 2005 (9 December 2005), and currently employs about 40 people in Madrid and Marbella. The Spanish offices are a subsidiary of Irwin Mitchell, governed by Spanish regulations as a sociedad limitada profesional (SLP), and are not part of the firm’s ABS.

The move to Cremades takes effect immediately.

In the future the two firms plan to keep working together through an alliance agreement, which will develop over time.

Cremades was founded in 1994 by Javier Cremades and employs over 100 people. The firm brought in revenues of €43.6m in 2012 and has branches in Argentina, Colombia, Portugal and Israel as well as several Spanish cities.