BLP advised the seller, Grupo Orbis (Pintuco), on this regionally impactful transaction employing attorneys from each of our offices in Costa Rica, Nicaragua, Honduras, El Salvador, and Guatemala, as well as coordinating with lawyers in Panama. Besides conducting due diligence in the jurisdictions of Central America, BLP also analyzed the competition in each of the countries and if required will support any antitrust filings.
Our consultancy covered the legal areas of business law, tax, labor, regulatory, intellectual property, compliance, competition, real estate, environment, and litigation.
AkzoNobel, the buyer, is a Dutch multinational and one of the world’s largest paint and coating companies.
This transaction is of utmost importance to the client in all of its locations. By becoming part of AkzoNobel, a top 500 globally active company, Pintuco will have access to innovation and technology platforms, enabling the company to expand its capabilities. The acquisition is also important to BLP since the client’s complete post-sale satisfaction confirms our regional capabilities over a wide range of practice areas.
The transaction was led by partners Adriana Castro and Ronald Lachner, working together with partners Mariana Nochez, Ernesto Rizo, José Alvarez, and Luis F. Ruiz. The team also included lawyers from each of BLP’s Central American offices: Adriana Acuña, Vittoria Di Gioacchino, Tatiana Chacon, Nancy Muñoz, Alexandra Aguilar, Abril Villegas, Leon Weinstok, Diego Quiros, Jose Gochez, Ivis Alvarado, Federico Barrios, Alcy Martinez, Rogelio Muñoz and Michelle Avilés.