Mergers and acquisitions
Our M&A area is recognized for having the experience and knowledge necessary to lead large, complex and demanding transactions, both local and cross-border.
Our lawyers are recognized for their outstanding capabilities in providing a uniform service in different specializations, either by sectors: banking and finance, infrastructure, mining, venture capital, pharmaceutical, real estate, fishing, retail, among others; as well as by type of client: family groups, private equity funds, investment banks, industrial companies, large corporations, etc.
The extensive legal knowledge, the deep analysis and the clear business orientation that our team has, contributes to always provide a super pleasing service, of high sophistication.
Our area has 5 partners and 10 associates dedicated to the area of Mergers and Acquisitions and our entire team has LL.M master’s degrees from the most prestigious Universities in the United States and Europe, such as Stanford University, University of Chicago, University of Virginia, Georgetown University, London School of Economics, NYU, Columbia University, among others. Likewise, the international work experience of our lawyers in the area stands out.
We are constantly recognized by the most prestigious legal directories as leaders in Mergers and Acquisitions.
- Band 1: Chambers & Partners 2021
- Tier 1: Legal 500 2021
- Tier 1: IFLR 1000 2021
- Leading: Leaders League 2021q
- Leading Law Firm: Who´s who Legal.
Advised Grupo Glencore in the acquisition of the Peruvian Contonga mine owned by Nyrstar. This transaction was a milestone in the Peruvian mining industry as it involved the assignment and transfer of all Nyrstar Ancash authorizations in favor of Contonga.
Advice to Volcan Compañía Minera S.A.A., together with its related companies, Compañía Minera Chungar S.A.C. and Empresa Explotadora de Vinchos Ltda. S.A.C., agreed to sell 100% of the shares representing the capital stock of their subsidiaries Empresa Administradora de Cerro S.A.C., Óxidos de Pasco S.A.C. and Remediadora Ambiental S.A.C., respectively, in favor of the buyer Cerro de Pasco Resources, Inc.
Advice to Compañía Minera Milpo S.A.A., in the silver flow with Triple Flag Mining Finance Bermuda Ltd., in relation to the silver production of the Milpo polymetallic zinc mine in Peru.
Advice to Cobra S.A, a Spanish company member of the ACS Group, in the acquisition of an additional package of shares representing 40% of Majes Siguas II, Cosapi S.A. irrigation system.
Advice to Grupo Obrainsa in the acquisition of Empresa Agroindustrial Cayaltí through the purchase of labor shares and the allocation and capitalization of financial and labor credits.
ENERGY AND NATURAL RESOURCES
Advised Energía del Pacífico in the sale of 25% of the shares representing the capital stock of Kallpa Generation S.A., owner and operator of the largest power generation plant in Peru, to Nautilus Inkia Energy LLC (controlled by I Squared Capital) for US$341.8 million.
Advice to Quimpac S.A. in the acquisition of a 25% stake in Kallpa Generación S.A. for US $ 85 million.
Advice to Shareholders of Corporación Pecsa S.A. in the sale of shares representing 90% of the company’s capital stock in favor of Corporación Primax.
Advice to Hispasat S.A., a Spanish company and a major player in the satellite business, in the due diligence, structuring, negotiation and closing of the acquisition of a set of assets and infrastructures from Media Networks Latin America S.A.C., a Telefónica Group company, through Hispasat Peru, SAC, its Peruvian subsidiary.
Advice to Comtech Telecommunications Corp in its purchase and merger with Gilat Satellite Networks Ltd.
Advice to Facebook on the investment made, together with IDB Invest, Telefónica and the Development Bank of Latin America (CAF) in favor of the “Internet for Everyone” project, to promote the provision of wireless internet services in rural areas of Peru.
Advice to Grupo Wiese in the joint investment agreement in a new company established together with Congelación y Almacenaje del Centro of Grupo Frialsa of México, leader in the storage and distribution of refrigerated and frozen products, for the development of the business of provision of services and frozen processes in Peru.
Advice to a consortium made up of Tiendas EFE S.A., Linzor Capital Partners, among other investors, in the acquisition of Curacao (Total Artefactos S.A.).
Advice to Shareholders of Artesco S.A. and Mova Industrial S.A.C. in the sale of 75% of its shares in the capital stock of these companies, one of the largest Peruvian companies dedicated to the production, manufacture, distribution, marketing and export of school products and supplies, in favor of Staedtler, a German company producer of writing and drawing instruments.
Advice to the Chilean company Carozzi in the acquisition, through its Peruvian subsidiary Molitalia S.A., of 100% of the shares of Corporación TDN S.A.C., producer of “Panetón Todinno”, for a total amount of US $ 35.5 million.
Advice to Andino Investment Holdings and Cosmos Agencia Marítima in the sale of 100% of the shares of Files Service S.A.
Advice to Latam Education Holdings SL, a company of the Inspired Group, in the acquisition of shares representing 75% of the capital stock of Centro Educativo Particular Altair S.A.C.
Advised Acceso Corp, the holding company of Acceso Crediticio Group, and a group of Peruvian private investors in the acquisition of 100% of the shares of Banco Azteca del Peru, previously owned by Grupo Elektra, a Mexican chain of stores and financial services.
Advice to Grupo Wiese in the joint sale with Bancolombia of a strategic minority share package in SURA Asset Management (SUAM Colombia), in favor of Caisse de dépôt et placement du Québec (CDPQ).
Advice to Creation Investments Andes LLC, in the acquisition of 75.30% of the capital stock of Caja Rural de Ahorro y Crédito Los Andes S.A, through the Lima Stock Exchange.
Advice to Sura Asset Management and Grupo Wiese, as sellers, in the agreement with Intercorp Financial Services for the sale of Seguros Sura and Hipotecaria Sura. The initial base price was agreed at USD 268 million, subject to certain adjustments before the closing of the transaction. Seguros Sura is a company that provides life and annuity insurance products and services in Peru.
Advice to Jorge Sanchez Avellaneda and Angel Sanchez Montenegro in the sale of 100% of the shares of Inversiones Gabriel Corp. S.A.C., in favor of Mifarma S.A.C., through the spin-off of Jorsa S.A. and Inversiones Gabriel Corp. S.A.C. in order for Mifarma to acquire the equity block to be transferred to Inversiones Gabriel Corp. S.A.C. within the framework of the spin-off.
Advice to Shareholders of Albis S.A., a Peruvian company that owns the “Arcangel” pharmacy chain, in the sale of 100% of its shares in favor of Quicorp (Mifarma).
Advice to Fasa Investment Limitada and ABF Administradora de Beneficios Farmacéuticos in the sale of 100% of it’s shares in Farmacias Peruanas and Droguería La Victoria, in favor of Quifatex.
Advising Laborarotios Blufstein Shareholders in the sale of 90% of the shares owned in 9 companies of the Blufstein Group in favor of the Swiss multinational Unilabs.
HOTELS AND TOURISM
Advising Wiese Group, as buyer, in the structuring and negotiation of the acquisition of class C shares of Selina Holding Company S.E., as seller, for an amount of USD 25 million dollars. The capital round for a total amount of USD 100 million included other strategic investors such as Colony Latam Partners (a fund that recently acquired Abraaj Group’s Latin America business) and Access Industries.
Advice to Shareholders of Inversiones La Rioja, company that owns the operation of the Marriot International, Inc. hotel chain, in the sale through the Lima Stock Exchange, of 99.97% of its shares in favor of Inversiones Nacionales de Turismo, a Breca Group company.
Advice to Grupo Brescia in the sale of all its shares in Soldexa S.A. in favor of Colfax Corp.
Advice to Quimpac Corp S.A.C. in the acquisition of 100% of the shares of Proquimsa, an Ecuadorian company dedicated to the manufacture of salt and caustic soda.
Advice to Grupo Breca in the acquisition of Lafarge Chile, the largest cement company in Chile, for US $ 555 million; as well as the negotiation of the financing of the transaction with Banco Estado de Chile.
Advice to Grupo Gloria in the acquisition of 47% of the shares of Sociedad Boliviana de Cementos (Soboce), the most important cement company in Bolivia, formerly owned by Grupo Cementos de Chihuahua (GCC) for US $ 75 million.