The International Conference of IMAP, a global organisation focused on mergers and acquisitions and corporate transactions, was held in Bilbao from 3 to 5 November. During the conference, and in the words of IMAP's president, Jurgis V. Oniunas, "ideas on transactions in the current economic context were shared. We are heading into one of the most challenging economic environments in at least the last 40 years, and there is still too much complacency. We want to share that there will be relevant changes in the market due to a slowdown in GDP and falling but persistently high inflation, i.e. a stagflationary environment not seen since the early 1980s".
In this context, Lorea Aristizabal explained the key role of M&A in CIE Automotive's history and growth, while Irache Pardo explained the integration of ESG (Environmental, Social and Governance) values into the group's business model, and concluded by reflecting on the growing importance and potential impact of ESG in the M&A world.