We represented Celulosa Arauco y Constitución S.A. (“Arauco”) in its acquisition, through several affiliates, of the Mexican affiliates of Masisa, S.A. (“Masisa”), which include Maderas y Sintéticos de México, S.A. de C.V., Maderas y Sintéticos Servicios, S.A. de C.V., Masisa Manufactura, S.A. de C.V., Placacentro Masisa México, S.A. de C.V. and Masnova Química, S.A. de C.V.

The main assets of the Mexican affiliates of Masisa include three industrial facilities located in Chihuahua, Durango and Zitacuaro, with three PB lines with an installed capacity of 519.000 m3/year, MDF line with an installed capacity of 220.000 m3/year, three melamine lines with an installed capacity of 426.000 m3/year, a chemical plant with an installed capacity of 66.00 tons of resins and 60.600 of formalin and a veneer line with an installed capacity of 22.8 million of m2/year. Additionally, Maderas y Sintéticos de México, S.A. de C.V. is the lessee of a chemical plant located in Lerma, with an installed capacity of 43.200 tons of resins and 22.000 tons of formalin.