Work Area: Shipping & Maritime

Brazilian port agrees asset sale to Cosan subsidiary

Brazil’s São Luís Port Company, a subsidiary of China Communications Construction Company (CCCC), has hired Stocche Forbes to agree the final leg of the port's sale to local energy group Atlântico, in a deal worth 720 million reais (US$128 million) in total.

26 November 2021

Several firms dock Italy-Brazil vessel deal

Lefosse Advogados has helped Italian maritime company Finarge sell its Brazilian subsidiary to local counterpart CBO Group in a deal worth US$94 million.

23 September 2021

Cosan subsidiary acquires port and enters JV in Brazil

Atlântico, a subsidiary of Brazilian energy company Cosan, has enlisted Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados to acquire local port São Luís for 720 million reais (US$134 million) and enter into a joint venture with mining group Paulo Brito.

10 September 2021

LatAm firms in Deutsche Post DHL’s buy of ocean freight company

Multinational package delivery company Deutsche Post DHL Group has enlisted German firm Gleiss Lutz and Demarest Advogados in São Paulo to acquire sea freight company JF Hillebrand for 1.5 billion euros (US$1.7 billion), giving it assets in Latin America.

02 September 2021

I Squared Capital buys Colombian port assets from Southern Cross

US investment fund I Squared Capital has enlisted Garrigues (Colombia) to acquire local port assets from one of Latin America’s biggest private equity funds, Southern Cross.

13 August 2021

Brazil’s Hidrovias expands in Paraguay

Waterway logistics company Hidrovias do Brasil has hired Skadden, Arps, Slate, Meagher & Flom LLP in Frankfurt and São Paulo and Ferrere (Paraguay) to acquire counterpart Imperial Group’s Paraguayan subsidiary for US$90 million.

28 April 2021

Several firms in Brazilian shipping issuance and tender offer

Two Skadden, Arps, Slate, Meagher & Flom LLP offices have helped Brazilian waterway logistics company Hidrovias issue notes and launch a tender offer, with both transactions worth US$926 million in total.

24 March 2021

Veirano facilitates report for Brazil’s port privatisation plan

Veirano Advogados has helped G20-backed initiative Global Infrastructure Hub (GI Hub) draft a market sounding report to facilitate the Brazilian Ministry of Infrastructure’s port privatisation programme, which aims to boost the country's participation in world maritime trade.

18 November 2020

Chile’s SAAM invests in Colombian towage business

Colombia’s Brigard Urrutia has helped Chilean logistics company SAAM buy a majority stake in Colombian towage company Intertug.

04 March 2020

Machado Meyer and WZ Advogados complete Rio port deal

Machado Meyer Advogados has helped Philippine port manager International Container Terminal Services (ICTSI) buy a container facility concessionaire in Rio de Janeiro’s port for 740 million reais (US$170 million).

14 February 2020

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