Market: Uruguay

Bunge and UPL harvest stake in Brazilian agribusiness

Veirano Advogados in São Paulo and Ferrere (Uruguay) have helped US agribusiness Bunge and a subsidiary of Indian counterpart UPL acquire a joint minority stake in Brazilian soybean company Seedcorp.

25 November 2022

Renewables sector set for further growth in Latin America

The renewables sector in Latin America is poised to keep growing beyond the parameters of the past couple of years, indicated speakers at Latin Lawyer Live: Regional Project Finance conference earlier this month.

21 November 2022

Food group M Dias Branco expands outside Brazil

Brazilian food company M Dias Branco has enlisted Guyer & Regules to buy Uruguayan pasta group Las Acacias, the company’s first acquisition outside of its domicile.

14 November 2022

Uruguay issues highest-ever fine after second AB InBev probe

Uruguay’s competition watchdog has fined a subsidiary of AB InBev more than US$4.7 million for abusing its dominance through exclusivity agreements in the Uruguayan beer market, five years after it was penalised for the same conduct.

07 November 2022

Three firms advise on Uruguay’s sustainability-linked bond debut

Uruguay has hired three offices of Cleary Gottlieb Steen & Hamilton LLP to raise US$1.5 billion in a sustainability-linked bond offering, becoming the second sovereign in the world to use the instrument after Chile.

27 October 2022

Emergent Cold buys refrigeration assets in Paraguay and Uruguay

Latin American refrigeration services provider Emergent Cold has enlisted Ferrere’s Paraguayan and Uruguayan offices to acquire the cold storage operations of Montevideo-based counterpart Frigorifico Modelo (Frimosa) for US$50 million.

20 October 2022

GIP buys LatAm renewables group Atlas from Actis

Several firms have helped US investor Global Infrastructure Partners (GIP) acquire Latin American renewable energy developer Atlas from UK private equity group Actis.

17 October 2022

Nike completes sale of distribution rights in three LatAm countries

US sportswear brand Nike has finalised the divestment of its distribution rights in Argentina, Chile and Uruguay, with several US and Latin American law firms advising.

04 October 2022

Bado Kuster seals Uruguayan food M&A

Uruguayan food producer Doña Coca has hired Bado Kuster Zerbino & Rachetti to divest its business to local investor IBF Negocios.

23 September 2022

Three firms in Brazil-Uruguay healthtech merger

TozziniFreire Advogados in São Paulo and Posadas in Montevideo have helped Uruguayan digital healthcare start-up Axenya merge with Brazilian consultancy Health Connection.

15 September 2022

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