Bernardo Simian Soza

B&E advises Virutex Ilko on sale of 60% of its shares

Barros y Errázuriz has advised Virutex Ilko in connection with a share sale purchase agreement and a shareholders’ agreement, from which 60% of the company’s shares were sold to an investment vehicle owned by HIG Capital, the international private equity fund.

The transaction took place on 2 June, where Claro y Cía and Rebaza Alcázar y De Las Casas acted as advisors to HIG Capital, while BNP Paribas acted as financial advisor.

The advice included the preparation and negotiation of the necessary documentation to materialise the transaction, as well as assisting the company in the preparation of a data room.

Virutex Ilko is a company dedicated to the production, purchase, sale, import, export, marketing and distribution of kitchenware and cleaning utensils, owned by the Münzer Grünbaum family.

Rebaza Alcázar y De Las Casas’ team comprised partner Felipe Boisett, senior associate Rafael Lulli Meyer and associate María José García.

B&E team was led by partner Bernardo Simian Soza (pictured), assisted by associates Diego Ovalle Vergara, Valentina Villalobos Valenzuela, María José Bordalí Velasco, Sebastián Zaror and Camila Rubio.

L Giselle Estrada

SHARE