Salvador Valdés, Jorge Ugarte and Guillermo Carey

Carey acts in LarraínVial acquisition of Farmacias Ahumada

Carey has acted as legal counsel to LarraínVial, representing a group of investors, in a private equity transaction for the acquisition of 100% of the shares of Farmacias Ahumada from UK-based transnational company Walgreens Boots Alliance.

This transaction was signed on 16 May, with DLA Piper acting as advisor to Walgreens and Farmacias Ahumada.

The transaction involved extensive due diligence of the assets and operations of Farmacias Ahumada and the negotiation of a share purchase agreement, as well as the structuring of the investment.

DLA Piper’s team involved partners Matías Zegers and Jorge Timermann together with associate Hugo Molina.

Carey’s team was led by partners Salvador Valdés (pictured left), Jorge Ugarte (pictured centre) and Guillermo Carey (pictured right), with support from counsel José Ignacio Mercado, and associates Pablo Bauer and Borja Ochagavía.

L Giselle Estrada