Carey instructed on Japanese agribusiness invesment in Chile

Carey advised Inabata America in the acquisition of a third of El Boldo, a Chilean agribusiness company.

The deal, of undisclosed value, involved the sale of 33.34% of shares of Agrícola e Industrial El Boldo, owned by Algerton Corp, to Inata America. El Boldo is an agribusiness company dedicated to the production, marketing, sale and worldwide distribution of blueberries. It is owned by Panama-based Algerton Corp. The buyer, Inabata America, is the US subsidiary of a Japanese trader.

Partner Pablo Iacobelli and Jorge Ugarte led the Carey team providing local counsel to Inabata America in Chile. Inabata America retained Wooster Law as US counsel and Morgan & Morgan as counsel in Panama.