Lawyers in Brazil and Peru have helped Spanish security services group Prosegur acquire companies in both countries.
In Brazil, Machado, Meyer, Sendacz e Opice Advogados advised Prosegur in its US$85 million acquisition of security transport provider Norsergel from Grupo Nordeste, which retained Azevedo Sette Advogados. The deal closed on 1 July.
"The acquisition of Norsergel is key for Prosegur’s presence in the north of Brazil, and reflects the confidence that it has in the country,” says Machado Meyer partner In Hee Cho.
Norsergel has over 6,000 employees, with offices in Maranhão, Pará, Amazonas, Amapá, Acre and Rondônia states.
Meanwhile in Peru, in a separate deal that closed on 24 June, Prosegur used Osterling Abogados in its purchase of three Orus surveillance and alarm systems companies for US$26 million. The seller, local conglomerate Grupo Romero, used in-house counsel.
Prosegur has operations in eight Latin American countries.
In the Brazilian deal
Counsel to Prosegur
·                In-house counsel - Pablo Blanco and Sagrario Fernández Barbé in Spain; Ruben Schechter and Sandra Baldijão in Brazil
·                Machado, Meyer, Sendacz e Opice Advogados
Partners In Hee Cho and Fernando Tonanni and associates Daniela Yuassa, Paulo Eduardo Leite Marino, Marcelo Frioli Droghetti, Flávia Ferraz, Mariana Piva Zadra and Fernando Colucci
Counsel to Grupo Nordeste
·                Azevedo Sette Advogados
Partners Fernando Azevedo Sette and Luis Ricardo Miraglia
In the Peruvian deal
Counsel to Prosegur
·                In-house counsel - Edwin Escarafone in Peru
·                Osterling Abogados
Partners Ary Alcántara and Arturo Tello and associate Marco Rivera Noya
Counsel to Grupo Romero
·                In-house counsel - Michel Biber
(Latin Lawyer 07.07.2009)
(Notícia na Íntegra)