Ms Lourdes Ayala > Bird & Bird > Madrid, Spain > Lawyer Profile

Bird & Bird
Paseo de la Castellana 7, 7th floor
28046 Madrid
Lourdes Ayala photo

Work Department

Corporate and M&A


Lourdes is the Partner who leads our Corporate and M&A departments in Madrid and she has wide experience in the Tecnology, Life Sciences, Pharmaceutical and Food and Beverage sector. Her extensive experience in M&A, Private Equity and Venture Capital includes advising institutional and industrial clients on national and cross-border complex transactions (LBOs, MBOs/MBIs/BIMBOs, joint ventures, taking of majority or minority stakes, share deals, asset deals) across a wide range of sectors. She advises investors, targets and start-ups on investments throughout their lifecycle. Her clients range from institutional and industrial investors, to target companies. Lourdes also has particular expertise of transactions with a strong real estate element, as well as in corporate restructuring (mergers, spin-offs) and debt restructuring. Lourdes has written several articles and lectures at seminars and conferences related to her areas of expertise. 


Lourdes joined our International Corporate Group as a partner in June 2010. Prior to this, she developed her career at the highly reputed Spanish M&A and Private Equity boutique ARAOZ & RUEDA, where she was Corporate partner from January 2005, becoming head of the Corporate Real Estate department in 2006. Lourdes later joined the Spanish firm Lener, where she was the head of the Valladolid office from 2008.


English, Spanish


She graduated in law and in business administration.

Lawyer Rankings

Spain > Commercial, corporate and M&A

(Leading individuals)

Lourdes AyalaBird & Bird

Bird & Bird advises clients on sales, acquisitions, financing rounds and reorganisations, and stands out for its expertise in the food and beverage, life sciences, healthcare and technology sectors. Among the tools that the firm adopts to benefit clients in the corporate area is its twoVenture online platform, which provides guidance and solutions to entrepreneurs when starting new businesses. Highly regarded M&A partner Lourdes Ayala leads the practice.

Spain > Industry focus: Retail

The retail and consumer practice group at Bird & Bird centres around three sub-sectors: food and beverage; luxury, fashion and retail; and hotels and leisure. The team covers the full spectrum of work affecting its clients, with particular strength in data protection, trade mark prosecution and enforcement, and M&A. Lourdes Ayala has broad experience in domestic and cross-border M&A and restructuring, often involving a significant real estate component. IP expert Antonio Cueto counts well-known fashion brands among his clients.

Spain > Industry focus: Healthcare and life sciences

Bird & Bird covers the full spectrum of healthcare and life sciences, counting pharmaceutical, biotech, digital health and agribusiness companies among its clients. Individual partners bring expertise in various fields of law: Coral Yáñez stands out for her public law and regulatory practice; Manuel Lobato is an expert in IP, particularly in patent litigation involving large pharmaceutical companies; and corporate partner Lourdes Ayala often advises life sciences clients on M&A and commercial matters.

Spain > Capital markets: Equity

The Bird & Bird capital markets team has experience in a range of transactions, including IPOs, secondary fundraising, acquisitions and restructurings. The firm advises companies, financial advisors and investment banks. Lourdes Ayala leads the practice and focuses on M&A, private equity and venture capital. She advises institutional and industrial clients on domestic and cross-border transactions.

Spain > Industry focus: Food

Sector-focused firm Bird & Bird adopts a multi-disciplinary approach to advise food companies on corporate, commercial, competition, IP and regulatory matters. In addition to food manufacturers and producers, the team also counts multinational retail and dining companies among its clients. Corporate and M&A specialist Lourdes Ayala is a name to note. Patricia Liñan left the firm in February 2021.