Demarest advises Cotrasa on FIP quota acquisition

Demarest advised Cotrasa Veículos e Serviços, a company controlled by the Battistella Group, on an M&A transaction implemented through the acquisition of quotas issued by Empreendedor Brasil Fundo de Investimento em Participações Multiestratégia, which were sold to Cotrasa by Fundação Itaipu BR de Previdência e Assistência Social.

Cotrasa, through the acquisition of quotas of such funds, will increase the indirect equity participation of the Battistella Group in Itapoá Terminais Portuários, the company that manages the Itapoá Port. The closing of the transaction is subject to the completion of certain preemption rights deadlines.

Demarest relied on partners Leticia Galdino Wanderley (pictured left), Thiago Sandim (pictured right) and associate Leonardo Cajaiba.