Topic: Cross-border M&A

Brazil’s Tupy expands iron foundry business

Teskid Iron do Brasil, a subsidiary of automotive manufacturer Stellantis, has turned to Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados to sell its Brazilian and Portuguese iron foundry businesses for 67.5 million euros (US$80 million) to local metal components maker Tupy.

20 July 2021

Several firms see out optician deal in Chile

Sullivan & Cromwell LLP has helped Dutch company GrandVision sell its Chilean operations, Rotter y Kraus, as part of its global merger with EssilorLuxottica, the world’s largest eyewear company.

20 July 2021

Multiple firms help Dutch paint company expand in Latin America

Dutch paint and coating company AkzoNobel has turned to Baker McKenzie (Colombia) and six offices of Central American law firm Arias to acquire Colombian counterpart Grupo Orbis.

16 July 2021

Consortium buys Pan American’s fuel stations in Uruguay

A consortium of Paraguayan, Uruguayan and Argentine companies has enlisted Dentons Jiménez de Aréchaga in Montevideo and Vouga Abogados in Asunción to snap up Pan American Energy’s Uruguayan fuel station chain.

14 July 2021

Salvadorean finance group buys local branch of Banco G&T

With counsel from BLP (El Salvador), Inversiones Financieras Grupo Azul (IFGA) has acquired the local division of Guatemala’s Banco G&T Continental.

12 July 2021

US sports group scores 50% stake in Mexican football team

US sports group NX Football has hired Hogan Lovells (Mexico) to buy a 50% interest in Impulsora del Deportivo Necaxa, the Mexican football team best known as Club Necaxa.

12 July 2021

CGC buys Sinopec’s oil assets in Argentina

Argentine oil and gas company Compañía General de Combustibles (CGC) has relied on HFW in London and Hong Kong and Marval O'Farrell Mairal in Buenos Aires to acquire Chinese counterpart Sinopec’s local operations.

09 July 2021

Peruvian and Canadian miners exchange shares

Canadian mining company Silver Mountain Resources has hired Dentons in Toronto and Miranda & Amado Abogados in Lima to acquire a controlling stake in Peruvian counterpart Sociedad Minera Reliquias in a deal worth some US$23 million.

09 July 2021

Tekni-Plex expands in LatAm with packaging company buy

US packaging company Tekni-Plex has relied on four Ropes & Gray offices to acquire multinational counterpart Grupo Phoenix, handing it manufacturing assets in Colombia and Mexico.

08 July 2021

Heineken subsidiary increases stake in Chilean brewer

Milbank in New York and Claro & Cía in Santiago have helped Chilean investment group Inversiones y Rentas (IRSA) – owned by Chilean conglomerate Quiñenco and the local subsidiary of Heineken – launch a tender offer to pay up to US$151 million to increase its stake in beverage business Compañía Cervecerías Unidas (CCU).

06 July 2021

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