English company ED&F Man Holdings has taken control of Chilean company Inversiones Greenfields and its subsidiaries, two of Chile’s biggest sugar producers.
Dutch private equity group Gilde Investment Management has acquired DSM Bakery Ingredients in Chile for €198 million (US$235 million) in cash. The deal closed on 30 June.
Cariola, Diez, Pérez-Cotapos & Cía Ltda has advised Unilever Chile in a
Islandsbanki and Banco de Crédito e Inversiones have granted an export finance facility to Salmones Pacífico Sur SA as debtor, for a total aggregate amount of up to US$25 million. The deal was signed in February.
Chilean bottler Coca-Cola Embonor SA, through its Cayman Islands Branch, has executed a syndicated credit agreement for US$180 million with a group of banks. The transaction closed on December 9.
Mexico’s Teléfonos de México SA de CV (Telmex) has expanded further across the region through the acquisition of Chilean long-distance carrier Chilesat Corp SA from the Southern Cross Group, for a total value of approximately US$117.5 million. The deal closed on June 3.
Redes Opticas SA, a joint Chilean venture between Southern Cross Latin America Private Equity Fund LP (Southern Cross) and GE Capital Equity Investments Ltd (GE), has acquired the Chilean telecoms company Télex-Chile SA (Télex).
The Chilean law firm Cariola, Diez, Pérez-Cotapos & Cía Ltda and Basham, Ringe y Correa SC of Mexico have advised Masisa, a Chilean wood board producer with plants in Chile, Argentina and Brazil, in connection with the purchase of a particleboard plant located in Durango, Mexico. The US$15-million purchase was closed on December 11.
Telefónica Chile has signed a US$87.3-million outsourcing agreement with IBM Chile. IBM will provide Telefónica with operational assistance and undertake maintenance of its equipment for the next five years. A similar agreement was signed between Telefónica Argentina and IBM earlier in the year.
Mining and metals multinational Noranda has acquired the El Pachón copper deposit from Cambior Inc and Minera SA. Noranda acquired 100 per cent of the El Pachón copper deposit by purchasing Cambior’s interests in Pachón SA Minera, an Argentine company, and Pachón Transportes y Servicios Limitada, a Chilean company. In addition Noranda acquired Minera SA’s Panamanian Compañía Minera San José SA, which owned the remaining interests in Pachón and Transportes. The deal was closed on September 28.