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Prim to absorb wholly owned unit Teyder

PRIVATEOct 28, 2026

Acquiring Company

Prim

Acquired Company

Teyder

SpainSpain

Description

Prim has called an Extraordinary General Meeting for December 2, 2026 to approve the merger by absorption of its wholly owned subsidiary Teyder. The merger will follow the simplified regime, so it involves no capital increase, no new share issuance and no exchange ratio. The integration aims to simplify the group's corporate structure and improve efficiency.

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Company Information

Company

Prim

Location

Spain

About

Prim is a Spanish company listed on the Spanish securities market and the parent of the Grupo Prim group. It is acting as the absorbing company in an intra-group merger with its wholly owned subsidiary Teyder.

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Frequently asked

Who acquired Teyder?

Teyder was acquired by Prim, based in Spain. The deal was reported on October 28, 2026. Prim is a Spanish company listed on the Spanish securities market and the parent of the Grupo Prim group. It is acting as the absorbing company in an intra-group merger with its wholly owned subsidiary Teyder. Prim is privately held.

When did Prim acquire Teyder?

Prim's acquisition of Teyder was reported on October 28, 2026. Prim has called an Extraordinary General Meeting for December 2, 2026 to approve the merger by absorption of its wholly owned subsidiary Teyder. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Teyder do?

Teyder is a company wholly owned by Prim and has been part of the Grupo Prim group as a subsidiary since 2022. It is being absorbed by Prim through a merger by absorption. It is privately held, and is based in Spain.

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