Uría Menéndez advises Banca March and Stoneshield on the acquisition of a 10% stake in Exolum
January 23, 2026 
The firm has advised Banca March and Stoneshield Capital on the acquisition of a 10% stake in Exolum, a leading company in the transportation and storage of liquid bulk products.
Through this transaction, Banca March advances its strategy of investing in illiquid assets, while Stoneshield diversifies its portfolio.
UM provided comprehensive advice across all legal stages of the transaction, including structuring, financing, investment control and tax matters.
The UM team involved in the transaction comprised Manuel Echenique Sanjurjo, Guillermo del Río, Victor Viana Barral, David López Pombo, José Miguel Egea Adán, David López Velázquez, Alejandro Villegas, Santiago Urrecha Espluga, Javier Vasallo Olmedo, Miguel Recio Arcauz and Marta Terradas Borràs.