Guillermo Ferrero and Victor Abad

PPU assists PSP in acquisition of 75% stake in HFE Berries Peru

Philippi Prietocarrizosa Ferrero DU & Uría has assisted the Canadian company Public Sector Pension Investment Board (PSP) in the acquisition, through one of its subsidiaries, of 75% of the shares issued by HFE Berries Peru to Hortifrut Inversiones Internacionales and Hortifrut España Southern Sun.

This transaction was signed and closed on 24 May and was valued at $87,928,101.00 US dollars.

Davies, Cuatrecasas and Payet Rey Cauvi Pérez Abogados also advised on the acquisition, with Cuatrecasas advising Hortifrut.

Sophie Kaine Roy acted as in-house counsel to PSP.

Payet Rey Cauvi Pérez Abogados’ team included partners Alfredo Chan and Vanessa Watanabe, together with principal associate Lisset López, and associates Paula D’Medina and Sharmilla Ríos.

Cuatrecasas’s team comprised partners Óscar Trelles and Kiomi Osorio, as well as legal assistant Alonso Benavides.

PPU’s team included partner Guillermo Ferrero (pictured left), senior associate Victor Abad (pictured right) and associate Jacqueline Febres.

L Giselle Estrada