Guerrero Olivos advised Carozzi S.A. on the acquisition of 24.38% of the shares of its subsidiary, Empresas Carozzi S.A., owned by Inversiones Tiger Brands South America Limitada, the Chilean subsidiary of the South African food company Tiger Brands Limited.
We participated throughout the negotiation process and the execution of the necessary legal agreements to facilitate the exit of this long-standing shareholder from Carozzi S.A.
This transaction marks Tiger Brands' exit from Empresas Carozzi S.A. after 26 years. Furthermore, it enables Carozzi S.A. to attain 99.99% ownership of the issued shares of Empresas Carozzi S.A.