Souto Correa and Pinheiro Neto on GG10’s acquisition of Tumelero
Souto Correa Advogados advises LF Comercial de Bens, part of the GG10 Group (which operates through brands such as LF Máquinas e Ferramentas, Duncan Pneus, G-Haus, Serello Consórcios, and Bem Informática), on the acquisition of 100% of the equity interest held by Saint-Gobain Participações and Saint-Gobain Distribuição Brasil in Tumelero Materiais de Construção, a well-established retail network of building materials with multiple stores in the state of Rio Grande do Sul, Brazil.
The transaction is strategic, strengthening LF’s presence in the southern Brazilian retail market and ensuring operational continuity and brand consolidation in the region.
Souto Correa relied on partners Carlos Fernando Couto de Oliveira Souto (pictured left), Isabelle Ferrarini Bueno, Luis Felipe Spinelli; associates Leila Spagnolo Fonini, Natália Martins Rüdiger, and Isadora Telli.
Pinheiro Neto Advogados advised the sellers and relied on partner Antônio Morello (pictured right), associates Bruna Pavanello, and Paula Rodovalho Silva.
In-house counsel to Saint-Gobain: Claudia Rodrigues Tunger and Renata Cataldi Lunardi.
