Demarest advised Shinagawa Refractories; Pinheiro Neto advised Saint-Gobain Performance Ceramics & Refractories
Demarest Advogados advised Shinagawa Refractories on the acquisition of the Saint-Gobain Performance Ceramics & Refractories (PCR) business in Brazil, wich was advised by Pinheiro Neto Advogados
The transaction must to be concluded through a drop-down of assets and subsequent acquisition of the total shares held by Saint-Gobain in the capital stock of SG Refratários do Brasil.
The Closing of the transaction is subject to compliance with customary precedent conditions, including the approval by CADE. Shinagawa has also committed to acquire Saint Gobain’s alumina assets in the United States.
The value of transaction was EUR 70.000.000
Demarest Advogados represented Shinagawa Refractories with team led by partner José Diaz (pictured left) and partners Ana Paula Schedel, André Novaski, Marc Stalder and Paola Pugliese; associates Fábio Tayar, Leticia Barhum Hailer and Luiza Peralta.
Morrison Foerster also represented the buyer and relied on partner Randy Bullard and associates Jeremy R.L. White, Ryota Nishikawa, Adam S. Harris, John Forrest de Perczel.
Pinheiro Neto Advogados represented Saint-Gobain Performance Ceramics & Refractories (PCR) and relied on partner Antonio Morello (pictured right) associates Otavio Bastos Moherdaui and Maria Beatriz Junqueira Oliveira de Barros.
Holland & Knight also advised the same partie with team composed by partner Paul Jaskot and associate Kendall Wilson.