US building materials supplier Owens Corning has bought a majority stake in Chilean roofing company Transandina de Comercio, with help from local firm Carey.
Guerrero Olivos advised Transandina for the deal, which was announced on 3 October.
The transaction gives Owens Corning a 55 per cent stake in the company. No purchase price was disclosed.
Counsel to Owens Corning
Inhouse counsel – Matthew Franklin and Rodrigo Montemayor
Partner Alfonso Silva, director Eduardo Martin and associates Javier Undurraga and Sebastián Squella
Counsel to Transandina de Comercio
Inhouse counsel – Ricardo Merino
Partner Pedro Pellegrini and associate María José Albrich