Affinitas counsels Grupo IMSA on sale of Neotrimental

We are pleased to announce that our member firms Gómez-Pinzón (Colombia) and Mijares Angoitia Cortés y Fuentes (Mexico) advised Grupo IMSA on the sale of Neotrimental (formerly Andermex), a company engaged in the production and marketing of fumaric acid food additives, to Grupo Orbia, a Mexican petrochemical company.

The transaction involved the preparation and negotiation of several supplementary agreements to the Share Purchase Agreement in order to define and regulate the restructuring and transition period of Neotrimental.

Affinitas’ deal team included María Fernanda Restrepo, Andrea Stephanou and Isabela Hoyos from Gómez-Pinzón, and Ignacio Armida, Rodrigo del Valle, Luis Monroy, Carlos Ahumada, Santiago Moctezuma and Alejandra Mora from Mijares, Angoitia, Cortés y Fuentes.

Affinitas delegation to participate in IBA’s 20th Annual International Mergers & Acquisitions Conference

A multi-disciplinary team from Affinitas will be attending the International Bar Association’s 20th Annual International Mergers & Acquisitions Conference, taking place in New York (USA) from June 6 – 7, 2023.

This leading conference brings together practitioners from around the globe to discuss the latest development and hot topics in international M&A law.

This year, the Team that Works’ delegation consists of:

  • Pablo Guerrero
  • Carola Trucco
  • Vicente Cordero
  • Lina Uribe
  • Juan David Quintero
  • Pablo Mijares
  • Ricardo Maldonado
  • Patricio Trad
  • Ignacio Armida
  • Eugenio Macouzet
  • Francisco Glennie
  • Bruno Amiel
  • Nathalie Paredes

For more information about the event click here.

Affinitas firms win five Latin Lawyer Deal of the Year Awards

We are pleased to announce that our member firms Barros & Errázuriz, Gómez-Pinzón, Mijares, Angoitia, Cortés y Fuentes and Miranda & Amado were recognized at the 17th edition of the Latin Lawyer Deal of the Year Awards, for advising on five winning deals in the Project Finance: Infrastructure; Mergers and Acquisitions: Public Companies; Mergers and Acquisitions: Private Companies; Private Equity; and Restructuring categories.

Every year, Latin Lawyer gives awards to general counsel and law firms advising on the most significant deals of the year across Latin America in 11 different categories. Winning deals must have closed between January 1, 2022 and December 31, 2022 and be predominantly based in Latin America.

Our member firms advised on the following winning deals:

Project Finance: Infrastructure

Peruvian port concessionaire gets novel IBD Invest financingMiranda & Amado advised Citibank del Perú in the USD 115 million refinancing granted by IDB Invest in favor of Salaverry Terminal Internacional.

Mergers & Acquisitions: Public Companies

Univision and Televisa form largest Spanish-language media groupMijares, Angoitia, Cortés y Fuentes and Gómez-Pinzón advised Televisa, a Mexico City-based audiovisual media and content company, on the merger of its media and content business unit with US-base Univision, to create TelevisaUnivision, the largest Spanish-speaking media company in the world. The deal value was USD 4.8 billion.

Mergers & Acquisitions: Private Companies

GIP buys LatAm renewables group Atlas from Actis: Barros & Errázuriz and Mijares, Angoitia, Cortés y Fuentes advised on the acquisition of Latin American renewable energy developer Atlas by US investor Global Infrastructure Partners (GIP).

Private Equity

Multiple firms steer Lumen’s USD 2.7 billion LatAm business saleBarros & Errázuriz, Gómez-Pinzón and Miranda & Amado advised on the USD 2.7 billion acquisition of Lumen Technologies’ Latin American business by USD private equity company Stonepeak.

Restructuring

LATAM Airlines exits Chapter 11Barros & Errázuriz represented LATAM stakeholder Delta Airlines in LATAM Airlines exit from its Chapter 11 proceedings, which put an end to a landmark cross-border restructuring that began over two years ago.

Learn more about the Latin Lawyer Annual Deal of the Year Awards here.