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Transactions > Mergers & Acquisitions
Mergers & Acquisitions
  •  ADECEF, a leading mobile operator test solutions company from Argentina, in the sale of 100% of its capital stock to Roamware Inc., the global leader in Mobile Operator Service Solutions (2012).

  • HSBC Argentina Holdings S.A. and HSBC Participaciones (Argentina) S.A. in the sale of 99,73% of the capital stock of its insurance company HSBC La Buenos Aires Seguros S.A. to Australian company QBE Holdings (Americas) Pty Limited, for an approximate total amount of US$164 million (2012).

  • Molinos Río de la Plata S.A. in the purchase from Comercial Carozzi S.A. of 49,83% of the shares of Compañía Alimenticia Los Andes S.A. (formerly known as Bonafide Golosinas S.A.) (2012).

  • Molinos Río de la Plata S.A., in the acquisition through its subsidiaries Molinos Chile S.A. and Molinos del Plata S.L.U., of 100% of the capital stock of Sipco Asesorías e Inversiones Ltda., controlling company of Frigorífico O'Higgins S.A., Agrícola El Monte S.A. and Agrícola Ganadera Chillán Viejo S.A., among others, companies dedicated to pork production in Chile (2012).

  • A group of Irish and English agribusiness investors in the sale of their indirect participations in companies Fondomonte Inversiones Argentina S.A., Fondomonte Sandoval S.A., Fondomonte el Descanso S.A. and Agro Terra S.A. -companies which own and administer about 12,300 hectares of farms in Argentine provinces of Buenos Aires and Entre Ríos, focused on the production of corn and soy-, to Almarai Company, the largest integrated dairy company in the Middle East, for an amount of US$83 million (2011).

  • TPV Technology Limited in an agreement to transfer Royal Philips Electronics of the Netherlands' TV business into a multi-jurisdictional joint venture (2011).

  • International Finance Corporation and IFC African, Latin American and Caribbean Fund, LP, in an investment of up to more than US$48 million equity investment in Medanito S.A. to fund the company's plans to step up oil and gas production. Medanito's main assets are the Aguada del Chivato/Aguada Bocarey oil and gas concession in the Province of Neuquén and the Catriel gas complex in the Province of Río Negro. The company also holds other operating concessions and exploration licenses in the Neuquén basin, as well as an early-stage forestry business (2011).

  • Gestión y Desarrollos Inmobiliarios S.A. in the acquisition of 40% of real estate project “Art María” (owned by IECSA S.A.) located in Puerto Madero’s dock 1, formed by 4 tours of mix uses and more than 20.000m2 of work (2011).

 

  • Hotelera Posadas in major real estate development -together with Village Cines- in the province of Buenos Aires (hotels Caesar Business and One by Caesar Business) (2011).

  • Standard Bank London Holdings PLC in the sale of 80% of the capital stock of Standard Bank Argentina S.A., along with Holding W-S de Inversiones S.A., to Industrial and Commercial Bank of China Limited, the world's largest bank by market capitalization and profitability, for an approximate total amount of US$600 million (2011).

  • Brembo, world leader and innovator in the field of automotive disc brake technology, in the acquisition of 75% of the capital stock of Perdriel, an industry producing brake discs, based in Buenos Aires, Argentina (2011).

  • Stillwater Mining Company, the only United States producer of palladium and platinum, in the acquisition of Peregrine Metals Ltd., company dedicated to the exploration and development of copper, which is listed on the Toronto Stock Exchange (Canada), and controlling shareholder of Minera Peregrine Argentina S.A., for an approximate total amount of US$487.1 million (2011).

  • The Royal Bank of Scotland in the sale of its Argentine business to Banco Comafi S.A. (2011).

  • Alicorp Argentina S.C.A. -local subsidiary of Peruvian Group Alicorp- in the acquisition of 100% of the capital stock of Italo Manera S.A. -company focused on the development, production and marketing of dried pasta, dried juices and cocoa- and Pastas Especiales S.A. -company dedicated to the development, production and marketing of moist pudding cakes and premium dried pasta- (2011).

  • Contax (Brazil) in the acquisition of 100% of the capital stock of Allus Group (a call centre services company, with subsidiaries in Spain, Argentina, Colombia and Peru) held by Sheldrake Coöperatie (Netherlands) and Mr. José Romero Victorica (2011).

  • Sertrading, major export-import company, in the acquisition of JP Morgan Chase Vastera Brazil and JP Morgan Chase Vastera Argentina S.A. (2011).

  • Orígenes Seguros de Retiro S.A., controlled by C.M.S. de Argentina S.A. and Grupo Dolphin Holding S.A., in the acquisition -together with its shareholders- of 100% of the capital stock of Consolidar Seguros de Retiro S.A., owned by BBVA Banco Francés S.A. and Banco Bilbao Vizcaya Argentaria S.A. (2011).

  • Thomson Reuters Corporation in the acquisition of Sistemas Bejerman S.A. and La Ley S.A.E.e.I. (2011).

  • Standard Bank Argentina in the sale of Argencard credit card portfolio and business to the local financial group Banco de Servicios y Transacciones for an approximate amount of AR$100 million (approximately US$23 million) (2011).

  • Legal advice to the majority shareholders of Grupo de Servicios y Transacciones S.A. in their negotiations with Dolphin Créditos S.A. with respect to the corporate restructuring of GST which included, among other transactions, the acquisition of the 45% capital stock of GST held by Dolphin (2011).

  • Smedvig Capital AS and Austral Property Holding Limited, owners of 27% of the capital stock of Trefoil Limited -who controls Petrolera El Trébol S.A., a holder of oil & gas concession rights in Argentina-, in its sale to Swiss-based Mercuria Energy Group, one of the world's largest energy trading groups (2011).

  • Molinos Río de la Plata S.A.’ incorporation to Renova S.A. through a subscription of new shares which makes it owner of 33,33% of the capital stock and votes of such company (2010).

  • Alicorp Argentina S.C.A. -local subsidiary of Peruvian Group Alicorp- in the acquisition of 100% of the capital stock of Sanford S.A.C.I.F.I. y A., Argentine company producer of the Okebon cookies (2010).

  • Luigi Lavazza S.p.A., one of world's most important coffee producers, in the acquisition of 100% of the capital stock of Coffice S.A., Argentine company dedicated to in-the-office coffee supply and vending (2010).

  • Banco Macro S.A. in the acquisition of Banco Privado de Inversiones S.A., financial institution which holds an important position in the credit card business (2010).

  • Bunge Argentina S.A. in the acquisition of Petrobras Energía S.A.'s business of production, commercialization and distribution of fertilizers in Argentina (2010).

  • Molinos Río de la Plata S.A. in the acquisition of 25% of the capital stock of Los Grobo Sociedad de Garantía Recíproca (2009).

  • HSM Group, Inc. in the sale of 100% of its interest in HSM do Brasil S.A. to BR Educacional Fundo de Investimento em Participações (2009).

  • Naspers in the acquisition of 91% of the capital stock and votes of BuscaPé, a Brazilian e-commerce company (2009).

  • GST -an Argentine holding company controlling both banking and non-banking finance businesses- in its negotiations with Dolphin Créditos S.A. and other large local private investor group for the sale of 45% and 5%, respectively, of its capital stock (2009).

  • MSU S.A. -one of the largest Argentine agribusiness groups with operations in Argentina, Brazil, Uruguay and Paraguay- in the negotiations of an investment made by Stichtings Pensioenfonds ABP (2009).

  • ING Group in the sale of all the capital stock of the Argentine annuity business company Orígenes Seguros de Retiro S.A. to Grupo Dolphin S.A. and CMS de Argentina S.A. (2009).

  • Counsel to a group of Argentine individuals in the sale of the capital stock of Quesada Farmacéutica S.A. to Eurofarma Laboratorios Ltda., one of the five largest pharmaceutical laboratories in Brazil (2009).

  • Diners Club Argentina in the sale of Provencred, a business focused on retail non-banking financing of short and medium term, with presence in major Argentine provinces, to PVCRED S.A., a member of the Comafi group -a local business of financial services- (2009).

  • ArcelorMittal, the world's largest steelmaker, in the take over of Acindar through a common stock tender offer (representing 35% of Acindar's capital stock) for an amount of US$552 million (2008).

  • Molinos Río de la Plata S.A. in the acquisition of 49.44% of the capital stock and votes of Compañía Alimenticia Los Andes S.A. (previously known as Bonafide Golosinas S.A.), leading Argentinean manufacturer of chocolate, cookies and sweets (2008).

  • Molinos Río de la Plata S.A. in the acquisition of 10% of its own capital stock through a tender offer (2008).

  • Molinos Río de la Plata S.A. in the acquisition of a 34% of the capital stock and votes of Delverde Industrie Alimentarie S.p.A., one of the most important dry and fresh pasta manufacturer of Italy (2008).

  • Alicorp S.A.A. in the acquisition of The Value Brands Company de Argentina S.C.A., The Value Brands Company de San Juan S.A. and the group of their affiliates in Argentina, Uruguay and Peru, major company in the production and commercialization of personal and home care products (2008).

  • Molinos Río de la Plata S.A. in the acquisition of control of Grupo Estrella S.A., major company in industrial and commercial activities (2007).

  • Molinos Río de la Plata S.A. in the acquisition of Virgilio Manera S.A.I.C. y F., one of the most important dry pasta companies in Argentina (2007).

  • Grupo Televisa, the most important Spanish language media corporation worldwide, through it's Mexican subsidiary Editorial Televisa, S.A. de C.V., in the acquisition of Editorial Atlántida S.A., one of Argentina's leading magazines publishing companies with over 80 years in business (2007).

  • Macmillan Publishers Holdings Limited, one of the world’s leading publishers for teachers and students of English as a foreign or second language, in the acquisition of Editorial Estrada S.A., one of Argentina's leading textbooks publishing companies (2007).

  • Mexican Group Alsea S.A de C.V., the top player on the Mexican fast food sector (operating in Mexico the Burger King, Starbucks and Domino's Pizza chains), in the acquisition of Burger King Restaurant Chain in Argentina (2007).

  • Nexstar I, LLC, a US based investment fund lead by prominent investor Peter Getsinger, in connection with the transfer of its indirect control, through GPU Argentina Holdings Inc. and EMDERSA (Empresa Distribuidora Eléctrica Regional S.A.), over the electric distribution companies of the Provinces of Salta (EDESA), San Luis (EDESAL) and La Rioja (EDELAR) to JP MORGAN, WHITEWATER EMCO, WHITEWATER EMCF and DESLEM (2007).

  • Standard Bank group, in the acquisition of all banking assets of Bank Boston in Argentina and of a controlling interest in 1784 S.A. Sociedad General de Fondos Comunes de Inversión, one of the leading Argentine mutual fund management companies, and Inversora Diagonal S.A. (2007).

  • Sociedad Argentina de Energía S.A., the largest energy generation holding company in the country, and Citigroup Global Markets in the acquisition of CMS Energy's Electrical Power Companies in Argentina (2007).

  • Structuring of Merrill Lynch's Real Estate Joint Venture with Pegasus and Acquisition by Pegasus Real Estate Fund I of Banco Do Brazil Building (2006).

  • Sociedad Argentina de Energía S.A. and Merrill Lynch, Pierce, Fenner and Smith, Inc., in the acquisition of Central Puerto S.A. and Hidroeléctrica Piedra del Águila S.A., both major power generation companies in the Argentine market (2006).

  • Grupo ST S.A. and Banco de Servicios y Transacciones S.A., in the acquisition of CREDILOGROS COMPAÑÍA FINANCIERA S.A., a financial institution created in 1995 by Banco Francés in order to grant financing to non-banked consumers (2006).

  • Société Générale S.A. in the sale of its Argentine subsidiary, Banco Société Générale S.A., to Banco Banex S.A. (2005).

  • IRHE Holdings and Sudacia S.A. (both companies are members of PCFG) in the sale to Caja de Ahorro y Seguro S.A. and Caja de Seguros S.A. of La Patagonia Compañía Argentina de Seguros S.A., an Argentine insurance company (2005).

  • The Techint Group, in connection with its proposed acquisition --through I.I.I. - Industrial Investments Inc. and Siderar S.A.I.C.-- of a controlling interest in Hylsamex S.A. de C.V., a leading steel producer in Mexico, and its acquisition of the minority interest held by Alfa S.A. de C.V. in Siderúrgica del Orinoco C.A. (Sidor), the leading Venezuelan steel producer (2005).

  • Catalina Perez Companc de Kahle in the acquisition of Los Calafates de Capitán Sarmiento S.A., company which owns a large rural property in the most important agricultural region of Argentina (Pergamino, Province of Buenos Aires) (2005).

  • Molinos Río de la Plata S.A. in the sale to Bunge S.A. of its edible oil business, under the trademark "IDEAL", in Russia and in the CIS Countries (2004).

  • Banco Río de la Plata S.A. and Banco de Galicia y Buenos Aires S.A. in the sale to Impregilo S.p.A. and Impregilo International Infrastructures N.V. of 41,5% of the capital stock of Caminos de las Sierras S.A. (CASISA), company which holds the concession to operate the City of Cordoba's highway belt; as well as in the restructuring of CASISA's approximately US$30 million debt with Banco Río (2004).

  • Tenaris, in the acquisition of Tubman International of Gibraltar, controlling company of the industrial Romanian companies S.C. Laminorul S.A. Braila, Silcotub S.A. Zalau and SC Tubinox S.A. Bucuresti (2004).

  • Molinos Río de la Plata S.A. in the acquisition of Jugos Naturales Minerva S.A., the argentine company which owns the trademark “MINERVA”, which identifies and designates the traditional bottled lemon juice commercialized in Argentina (2004).

  • IRHE Holdings and HUDSON Investment Holdings Inc. (both companies are members of PCFG) in the sale to businessman Francisco Guillermo Minieri Saint-Béat of Ganadera Comallo S.A., company owner of an important rural property in Bariloche, Province of Río Negro (2004).

  • Tenaris S.A., through its Canadian operating subsidiary Algoma Tubes Inc. in the acquisition from Algoma Steel Inc. of certain land and operating facilities located in Sault Ste. Marie, Canada, for the price of CAD$12,5 million (2004).

  • Albanesi S.A. and Bell Investments, in the acquisition of Corporación Independiente de Energía S.A., the holding company of the thermo electric facility Central Piedra Buena (2004).

  • Acquisition by a subsidiary of Tenaris and Sidor of Posven's assets, principally an industrial facility for the production of pre-reduced hot briquetted iron (HBI), located in Guayana, Venezuela (2004).

  • Molinos Río de la Plata S.A. in the sale of Molfino Hnos. S.A. and Abolio & Rubio S.A.C.I. y G. (La Paulina), major milk manufacturing plants in Argentina, to the Canadian company Saputo Inc. (2003).

  • Molinos Río de la Plata S.A. in the acquisition from Conagra Foods of Conagra Argentina S.A. (currently Legumbres del Plata S.A., in process of merger into Molinos Río de la Plata S.A.), a local leading agro-business company that controls Pecom Agra S.A. (2003).

  • Molinos Río de la Plata S.A. in the acquisition of the residual stock shares of Bodegas Nieto Senetiner S.A., a local prestigious winery (2003).

  • Techint Group, in the set up of Tenaris in 2002 in Luxembourg, and its share structure reorganization through a US$2 billion multinational exchange offer for ordinary shares of Italian company Dalmine S.p.A., and ADSs of Argentina's Siderca S.A.I.C. and Mexico's Tubos de Acero de México S.A. (TAM) (2003).

  • Gruppo Intesa BCI SpA, in the merger between its Argentine subsidiary of Banco Sudameris and Banco Patagonia, a local financial institution (2003).

  • Molinos Río de la Plata in the acquisition of Pecom Agra, a local leading agro-business company (2002).

  • Molinos Río de la Plata in the acquisition of Molfino Hnos. (Molfino) and Abolio & Rubbio (La Paulina), major milk manufacturing plants in Latin America (2002).

  • Molinos Río de la Plata in the acquisition of Bodegas Nieto Senetiner, a local prestigious winery (2002).

  • Perez Companc Family and the Perez Companc Foundation in the sale to Petróleo Brasileiro S.A. (Petrobras) of the controlling interest in Perez Companc S.A., the largest independently owned energy company in Latin America with operations throughout Argentina, Brazil, Venezuela, Bolivia, Perú and Ecuador (2002).

  • A group of investors in the acquisition of Providian Bank S.A. (formerly known as Banco Liniers) to Providian Financial (2002).

  • Skyonline Inc. through Skyonline de Argentina S. A., in its acquisition of the capital stock in Netizen S. A. (2001).

  • Banco Río de la Plata S.A. and Banco de Galicia y Buenos Aires S.A. in their acquisition from Cartellone Construcciones Civiles S.A., a major local conglomerate, of approximately 41,5% of the capital stock of Caminos de la Sierra S.A., company which holds the concession to operate the Red de Accesos a la Ciudad de Córdoba, Argentina's second busiest motorway belt (2001).

  • Citigroup Inc. and Grupo Financiero Banamex Accival, S.A. de C.V., Banco Nacional de México S.A., and Banco Bansud S.A. in the Argentine regulatory matters arising out of the proposed acquisition for US$12,5 billion of the entire capital stock of Grupo Financiero Banamex Accival by Citigroup (2001).

  • ABN AMRO Bank, N.V. in the sale of its retail banking business in Argentina to Banco de Galicia y Buenos Aires (2001).

  • Molinos Río de la Plata in the acquisition of the capital stock of Luchetti (Argentina) S.A., a dry pasta company (2001).

  • Merrill Lynch Global Emerging Markets Partners Ltd. and Southern Cross Group in their sale of the capital stock of Armor Acquisition, the controlling shareholder of the Juncadella Prosegur Internacional Group (2001).

  • Westchester Investment Holdings, Inc., a wholly-owned of IRHE Holding, in the negotiation and structuring of their acquisition of a minority stake in T&T Entertainment Holding, Ltd., a holding company of T&T Sports Marketing Ltd., indirectly controlled by Torneos y Competencias S.A. (2001).

  • Techint Group in the acquisition by Siderca of a controlling interest of NKK Tubes of Japan (2000).

  • Techint Group in the lease and setting up of the operations of Algoma Seamless Tubes of Canada (2000).

  • Banco Bisel in the acquisition of the capital stock of Banco Suquía (2000).

  • Molinos Río de la Plata S.A. in its acquisition of the capital stock of Fagnani Hnos. S.A.I.C.F.I., a premium dry pasta company (2000).

  • The shareholders of Keytech LD (local telecommunications company) in the sale of its capital stock to AT&T Latin America (2000).

  • We represent the shareholders (and Banco Río de la Plata, as financial advisor) in their sale of Bodegas y Viñedos López to The Exxel Group (1999).

  • Techint Group in the acquisition by Siderca of a controlling interest of Confab Industrial of Brazil (1999).

  • Molinos Río de la Plata S.A. in its sale of "Ri-K", "Fanacoa", "Gurmet", "Supra" and other brands to Refinerías de Maíz S.AI.C.F. and Bestfoods (1999).

  • Molinos Río de la Plata S.A. in its license and know-how agreement for product manufacturing and use of the "Betty Crocker" and "Betty Crocker and Spoon Design" trademarks and its cake premixes business with General Mills, Inc. (1999).

  • Molinos Río de la Plata S.A. in its joint venture with Cargill S.A. to join forces in the industrial flour market. (1999).

  • The shareholders (and Citibank, N.A. as financial advisor) in their sale of Casa Lozano S.A. to Supermercados Norte S.A. (1999).

  • Banco Bisel S.A., the major regional bank controlled by Casse Nationale de Crédit Agricole, in its acquisition of Banco de la Provincia de Entre Ríos S.A. (1999).

  • Goldman Sachs and Merrill Lynch, financial advisors to Repsol, in the structuring of a tender offer for the entire capital stock of YPF S.A. (1999).

  • Merrill Lynch and Southern Cross in their acquisition of the capital stock of Juncadella Prosegur International, the leading bullion transportation company (1999).

  • Salomon, Smith & Barney, as financial advisor to the Republic of Argentina, in the sale of the 14,99% equity interest of YPF S.A. to Repsol (1999).

  • Techint Group in the acquisition by Techint Compagnia Tecnica Internazionale of a controlling interest in Salem Corporation, USA (1998).

  • Perez Companc Family Group in the acquisition of the capital stock of Molinos Río de la Plata S.A. (largest argentine food company) (1998).

  • The Bristol Group in the sale of the capital stock of General Assistance and Universal Assistance to Advent Latin American family funds (1998).

  • The shareholders (and Bansud as financial advisor) in the bulk sale of Supermercados Megacentro to The Exxel Group (1998).

  • Consolidar AFJP in its acquisition of the capital stock of Fecunda AFJP (1998).

  • The shareholders (and Citicorp as financial advisor) in their sale of Confitería Havanna (consumer goods producer) to The Exxel Group (1998).

  • The shareholders and (Banco Santander as financial advisor) in the sale of the controlling interest in Supermercado Libertad, one of the largest supermarket chains, to Group Casino (1998).

  • Royal Ahold in its acquisition of a 50% indirect equity stake in Disco S.A., a leading supermarket chain (1998).

  • Banco Francés S.A. in the merger of its operations under its controlling shareholder BBVA (1998).

  • HSBC (Hong Kong and Shangai Bank Corporation) in the acquisition of Grupo Roberts (a family-owned conglomerate including Banco Roberts and La Buenos Aires Compañía de Seguros, the leading local insurance company) (1997).

  • Santander Investment in its acquisition of a participation interest in Swiss Medical Group, a leading private health care company (1997).

  • Perez Companc Family Group in the sale of a controlling stake in Banco Río de la Plata S.A., the largest local commercial bank, to Banco Santander (1997).

  • Consolidar ART (the leading labor risk insurance company) in its acquisition of the capital stock of Inca ART (1997).

  • The shareholders (and Goldman Sachs as financial advisor) in the sale of Odol (a large cosmetics company) to Colgate-Palmolive (1994).

  • Techint Group in the acquisition by Siderca of a controlling interest in Tubos de Acero de Mexico (1993).

  • Techint Group in the acquisition of control by Siderca in Texas Pipe Threaders, USA (1992).
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