MCRM counsels TMH on sale of 100% of shares to CaleGroup

Mitrani Caballero & Ruiz Moreno has counselled TMH International AG on the sale of 100% of its shareholding to the investment holding company CaleGroup, led by Argentinean businessman Augusto Marini. Hang Kuchen Sporleder & Rodríguez Morales advised the buyer.

Thanks to this transaction, Calegroup, through its subsidiaries CG Inversora Argentina and Cale Servicios, acquired the shares of TMH International AG – belonging to the Russian group Transmashholding – and Helios Partners – formed by a group of local investors.

TMH Argentina is a company that provides services related to the supply of rolling stock and railway maintenance and repair from its workshops located throughout the productive corridor of Argentina: Maipú and Bragado (Buenos Aires), Villa María (Córdoba), Cevil Pozo (Tucumán), Rosario and San Lorenzo (Santa Fe) and the Autonomous City of Buenos Aires.

Hang Kuchen Sporleder & Rodríguez Morales’ team was led by partner Manfred Hang Kuchen, with the support of lawyers Guillermo Sporleder, Ignacio Borgo, Javier Malamud and Juan Ignacio Ruiz.

MCRM’s team was led by partner Siro Astolfi (pictured left), assisted by associates Evangelina González Soldo (pictured centre), Maria Elena Olmedo and Constanza Domini (pictured right).