MBP assists in the purchase of Fiplasto shares
MBPartners Abogados has assisted a group of local investors in the joint acquisition of an amount of shares equivalent to 57.22% of Fiplasto’s shares, thus taking control of the company.
The transaction was closed on 13 July through the execution of a share purchase and sale agreement and a guarantee trust agreement whose trustee is Banco Comafi, which will manage certain assets until the transaction price has been paid in full. Martón Agranati Albores & Asociados advised the selling group, while Tanoira Cassagne Abogados (TCA) advised Banco Comafi.
In compliance with the provisions of the Capital Markets Law and the rules of the National Securities Commission, the buying group will promote the launch of a tender offer for all the remaining shares of the company.
Fiplasto is a company with more than 70 years of history and its shares have been traded on the market for more than 50 years without interruption. Fiplasto has two industrial plants and more than 2,500 hectares of forestry land and is the only producer of hardboard in Argentina.
MBPartners Abogados’ team was led by partners Ignacio Meggiolaro (pictured left), Victoria Bengochea (pictured right) and Karina Damiano, and associates Victoria Mazzurco and Lucas Tomkinson.
Martón Agranati Albores & Asociados’ team consisted of partner Javier Martón and associates Ignacio Gómez Nolasco and Agustín Vittori.
TCA’s team included partner Alexia Rosenthal and associates Ignacio Criado Diaz and Alejo Medici Raymundi.
