Martín Navaz, president of Confide, has been appointed CEO of PIB Group in Spain, in addition to becoming a shareholder of the group.
Martín Navaz, president of Confide, has been appointed CEO of PIB Group in Spain, in addition to becoming a shareholder of the group.
Confide officially becomes part of PIB Group and PIB’s hub in Spain, once the transaction has received Spanish regulatory approval.
For Confide, being part of PIB is the next stage in the continued development of a long-term sustainable project in Spain, which will collectively guarantee our success in the Spanish market.
We are grateful for the trust placed in Confide since PIB, both by
Brendan McManus, CEO of the English group, and James Harmer, PIB’s European Mergers and Acquisitions Director, see Confide as the cornerstone of PIB’s expansion in Spain.
In addition to Confide, PIB Group has acquired in recent months the Spanish brokers Cicor and its subsidiary Global Marine, Tractio and Engloba. The total investment in these operations amounts to 80 million.
Apart from Spain, PIB’s presence in Europe currently extends to Germany, Poland, Denmark, the Netherlands and Ireland.
