RAD represents ISM Group in investment in Alimentos San Miguel
Rebaza Alcázar & De Las Casas has represented ISM Group (through Global Ulysses) in the execution of an Investment, Contribution and Share Subscription Agreement, as well as a Shareholders’ Agreement, with Rio Seja Holdings, a company related to Grupo Solid, whereby both companies made investments in Compañía Centroamericana de Alimentos San Miguel.
On 21 July 2023, after the fulfilment of certain conditions precedent, Global Ulysses acquired 70% of the share capital of Alimentos San Miguel. With this transaction, ISM Group and Rio Seja Holdings become strategic partners in the soft drinks industry in Guatemala, El Salvador and Honduras.
Other participating firms were Alta Qil + 4 Abogados and Arias Fabrega & Fabrega as advisors to ISM Group in Guatemala and Panama, respectively; as well as Bermejo & Bermejo as advisor in Guatemala to Rio Seja Holdings.
ISM Group is a Peruvian conglomerate that operates in the beverage and food industry and is present in several Latin American countries. Grupo Solid is a Guatemalan conglomerate operating in the paint industry with operations in Central America and the Dominican Republic.
Bermejo & Bermejo’s team was represented by partner Juan Carlos Bermejo.
Alta Qil + 4 Abogados team included partner Marcos Ibargüren and associates Santiago Granados and Javier Medrano.
ARIFA’s team comprised partner Andrés Rubinoff and associate Daniela Delvalle.
RAD’s team was led by partners Alberto Rebaza (pictured left) and Daniel Gonzáles (pictured right), with support from associates Ana Sofía Restrepo and Alvaro Luna Victoria.
