Morgan & Morgan advises Cemento Interoceánico on share sale
Morgan & Morgan has acted as counsel to the majority shareholders of Cemento Interoceánico, a Panamanian company dedicated to the production, sale and distribution of cement, concrete and derivative products, with respect to the sale of 75 per cent of the issued and outstanding shares of the company to Cemento de Panama.
Cemento de Panama is a company incorporated under the laws of Spain, part of Cemento Progreso Group, a Guatemala-based major player in the cement and concrete industry in Central America.
The transaction had a unique structure and therefore, the legal team of Morgan & Morgan dealt with important challenges throughout the negotiation and closing of the deal.
Partner Inocencio Galindo led the team involved in the transaction, and was assisted by senior associate Pablo Epifanio, and associate Cristina de Roux.
