PPU in ASAI acquisition of 3 Alicorp companies
Philippi Prietocarrizosa Ferrero DU & Uría Peru acted as advisor in Peru to ASAI Capital Holdings in the acquisition of Industrias de Aceite, from Bolivia; R. Trading, from Peru and Hammer SAS from Uruguay.
In this strategic move, which reinforces its presence in the Latin American market, ASAI Capital Holdings was also advised by Dentons Guevara & Gutierrez in Uruguay, PPO in Bolivia and Baker McKenzie in New York. Dentons Guevara & Gutierrez, Garrigues Peru and Guyer & Regules acted as advisors to the sellers.
The sellers of these companies are Alicorp Inversiones, Alicorp and Alicorp Holdco Spain. With this expansion, ASAI Capital Holdings positions itself as the undisputed leader in the region, ready to take on new challenges and opportunities for growth in the dynamic Latin American market. These acquisitions not only expand ASAI’s geographic reach, but also consolidate its position in the oil and related products industry.
Industrias de Aceite, a Bolivian company, brings its vast experience and reputation in the production of high-quality oils. R. Trading, from Peru, adds its distribution capacity and knowledge of the local market. Finally, Hammer, a simplified joint stock company from Uruguay, completes the trio with its innovative technology and efficient production processes.
PPU’s team was led by partner Rafael Boisset (pictured), supported by senior associate Alessandro Mussio, and associate Steven Hu.
