One of the better quality made-in-Spain M&P copies was the ALFA . . . the tradename of Armero Especialistas Reunidas of Eibar, Spain circa 1920.
Here is a previous thread on the ALFA in 38 Long Colt . . . complete with pictures. Note the hybred Colt-S&W lockwork in post #14.
http://smith-wessonforum.com/lounge/...-revolver.html
Russ