Arias & Muñoz in El Salvador and Ferrere in Paraguay advised Unicomer, a retail group from El Salvador, on its acquisition of Electrofacil, a chain of household appliances stores in Paraguay.
Electrofacil is Paraguay’s largest household appliances store chain, with 12 stores and 500 employees. Unicomer is based in El Salvador and operates several chains of retail brands across 830 stores in Central America, the Caribbean, South America, and the United States. It employs over 13,000 staff.
The deal is part of Unicomer’s ongoing expansion across Latin America. The company recently acquired the Radio Shack franchise for Central, Latin America and the Caribbean, also turning to Arias & Muñoz for that deal.
Partner Zygmunt Brett led the Arias & Muñoz team advising Unicomer while Ferrere provided local counsel to the company in Paraguay.