A large team in FERRERE Bolivia advised Manuchar NV on the sale of 100% of its issued share capital to the US private equity group Lone Star Funds.

Manuchar NV is a well-known chemical distribution Company based in Belgium, with direct and indirect stakes in dozens of subsidiaries and joint ventures around the world.

FERRERE’s advice involved the participation in the due diligence of corporate and other documents for the sale of Manuchar’s entire share capital in Bolivia, as well as advice on regulatory matters, advice on the process of acquisition and support in drafting, reviewing and analyzing the final report for the buyer

With the acquisition, signed in early 2022, Lone Star Funds will be present in several markets in Latin America: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Peru and Venezuela.

FERRERE’s work was led by partner Diego Villarroel and senior associates Jorge Palza and Pablo Heredia.