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Demarest advises SAAM on the acquisition of tugboats

Demarest advised SAAM, a Chilean publicly-held corporation, through its Brazilian subsidiary SAAM Towage Brasil, to acquire a total of 21 tugboats from Starnav Serviços Marítimos, a Brazilian subsidiary from Detroit (Chilean group), being 17 of them already operational and 4 still under construction, for the total amount of USD 198 million.

Demarest relied on led partners Gabriel Ricardo Kuznietz (pictured left), Thereza Montoro (pictured center) and Fabio Braga (pictured right), partner Carlos Eduardo Orsolon and lawyers Joao Godoy and Pedro Sanglard.

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