Masisa sells the industrial business of its Argentinean subsidiaryAugust 7, 2017, by Luis Bulcao Pinheiro - LATIN LAWYER
Argentina's Estudio Beccar Varela has helped Austrian wood panels company Egger acquire assets from counterpart company Masisa.
Masisa, which is headquartered in Chile, hired Allende & Breain Buenos Aires and Carey in Santiago to sell its Argentine subsidiary for US$155million. The sale was agreed on 17 July.
The transaction is subject to regulatory approval in Argentina and is expected to close within three months.
Counsel to Egger
Estudio Beccar Varela
Partners Horacio Beccar Varela and Casiana Silveyra Perdriel, and associates Paula Casaux Alsina and Lucía Guardone
Counsel to Masisa
In-house counsel - Patricio Reyes
Allende & Brea
Partners Valeriano Guevara Lynch, Marcos Patrón Costas and Laura Santanatoglia, and associates Tomás Di Ció, Nicolás Procopio and Laura Kurlat in Buenos Aires
Partner Francisco Ugarte, and associates Alejandra Daroch, Elías Mohor, Ignacio Villalabeitía and Carlo Benussi in Santiago