ARIAS ADVISED IMCD N.V. IN 5 COUNTRIES

IMCD N.V., a leading distributor of speciality chemicals and ingredients, signed an agreement to acquire 100% of the business and the subsidiaries of Quelaris Internacional S.A., a LATAM regional raw material distributor with offices in Colombia, Costa Rica and Peru.

Arias acted as lead counsel for IMCD Group, coordinating the due diligence matters and negotiations with the Sellers, as well as coordinating with the local counsels in Colombia, Perú, Chile, Dominican Republic, and Guatemala as part of the relevant jurisdictions and Honduras, Panamá, El Salvador and Ecuador as part of the out-group jurisdictions.

This deal was complex as it involved the coordination of 9 jurisdiction's due diligence and specific local matters such as labor, regulatory and compliance, while dealing and reporting all matters to the client.

Arias advised in Costa Rica, Guatemala, Honduras, Panama and El Salvador, and the lawyers involved were:

Leading Lawyer:

Andrey Dorado, Partner Arias Costa Rica

Arias Guatemala:

  • Jorge Luis Arenales, Partner
  • Cindy Arrivillaga, Associate

Arias El Salvador:

  • Roberta Gallardo, Partner
  • Morena Zavaleta, Partner
  • Fernando Montano, Partner

Arias Honduras:

  • Evangelina Lardizábal, Partner

Arias Costa Rica:

  • Andrey Dorado, Partner
  • Carolina Soto, Partner
  • Tracy Varela, Senior Counsel

Arias Panama:

  • María Cristina Fábrega, Partner

Other Law Firms involved:

Baker & McKenzie; Local counsel in Chile, Perú and Colombia; Advising: IMCD (buyer)

Pellerano Nada; Local counsel in Dominican Republic; Advising: IMCD (buyer); Lawyers Name: Eduardo Pellerano

Phillipi Prietocarrizosa & Uria (PPU) in Peru; Role Details: Lead counsel for Quelaris; Advising: Quelaris; Lawyers Name: Guillermo Ferrero, José Antonio Salgado