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FinanceETL Global expands in Spain with Adares acquisition and new Madrid office
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ETL Global has expanded its presence in Spain by incorporating Adares ETL Global into ETL Global Spain. Adares ETL Global, founded in 1996, serves self-employed professionals and businesses in the province of Soria, operating two offices in the provincial capital and one in Ólvega. Led by partners Agustín López, Purificación Palomar, and Lourdes Ramos with a team of over 20 professionals, the firm specializes in tax and accounting services, as well as employment, legal, mergers and acquisitions, and corporate matters. By joining ETL Global Spain, Adares will maintain its local identity while gaining access to the broader network's support. Separately, Allyon ETL, part of the ETL Global network, has completed the setup of its Madrid office at 108 Príncipe de Vergara, extending its footprint beyond Barcelona. The Madrid team focuses on tax advice, tax law, corporate law, VAT, and indirect taxation. This development follows the integration of several specialist practices and earlier this month, ETL Global relocated its headquarters to the Grid in Essen, Germany.
Source report
ETL Global has strengthened its footprint in Spain by incorporating Adares ETL Global into ETL Global Spain.
Adares ETL Global, founded in 1996, has built a client base among self-employed professionals and businesses across the province of Soria. The firm operates two offices in the provincial capital and one in the nearby town of Ólvega.
The practice is led by partners Agustín López, Purificación Palomar, and Lourdes Ramos, supported by a team of more than 20 professionals. Adares ETL Global specializes in tax and accounting services, and also provides support in employment, legal matters, mergers and acquisitions, and corporate issues.
According to ETL Global, by joining the ETL Global Spain group, the Soria-based practice will maintain its local identity while expanding the support it can offer clients through the broader network.
Allyon ETL Opens Madrid Office
Separately, Allyon ETL, part of the ETL Global network, has finalized the setup of its Madrid office, extending its reach beyond its established base in Barcelona and supporting its national expansion strategy.
The office, located at 108 Príncipe de Vergara, has completed its operational and corporate integration under the Allyon ETL brand and is now fully embedded in the company's overall structure.
The Madrid team contributes to the company's work in tax advice and tax law, corporate law, VAT and indirect taxation, and also houses several corporate departments. The completion of this project marks another stage in Allyon ETL's development following the integration of several specialist practices and the extension of its existing service areas.
Headquarters Relocation
Earlier this month, ETL Global moved its headquarters to the Grid in Essen, Germany.
This article was originally created and published by International Accounting Bulletin, a GlobalData owned brand.
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ETL Global Spain expands with Adares ETL Global acquisition and Allyon ETL Madrid office