Cuatrecasas counsels El Patio on Fidelitas Rest’s entry as shareholder

Cuatrecasas Chile has assisted Inversiones El Patio in the incorporation of Fidelitas Rest as a shareholder in Foodlab

 Cuatrecasas, through its Santiago de Chile office, has counselled Inversiones El Patio SpA on the capital raising and entry of Fidelitas Rest SpA as a new shareholder in the holding company of the gastronomic chain Social by Foodlab. With this project Fidelitas Rest SpA, investment vehicle of the Hiller Gostling Group, enters into the ownership of Inversiones El Patio SpA joining its original shareholder Foodlab SpA.

This transaction broadens the investment horizons of Social by Foodlab, following its expansion strategy to complement the gastronomic, bar and entertainment chain. The entry of Fidelitas Rest SpA also reinforces its Dark Kitchens business line, which allows the exploitation of different third-party brands in the gastronomic and entertainment sector, currently operating in Chile.

Cuatrecasas’ team consisted of partner Josefina Yávar (pictured left), associates Tomás Montes (pictured right) and Martín Dell’Oro, and counsel José Agüero.