mARCH 2012 www.lawyer-monthly.com DEAL REPORT BRECA ACQUIRES TRICOLOR
Osterling Abogados acted as legal counsel to Peruvian conglomerate Breca (specifically CPPQ) for the acquisition of Tricolor, a painting company in Chile for US$96.1m. Said company, having approximately 20% of the painting market share in Chile, also owns an important company in Peru called Vencedor, leaving CPPQ with almost 85% of the Peruvian painting market share. Enrique Ferrando, marco Rivera and Ursula Afan Castillo were the Peruvian team in
charge of this deal. Breca won 99.98% of shares in Tricolor, after disbursing $97 million. A few hours after the transaction was closed, there were changes within Tricolor.
Those joining the paint company included Pedro Brescia (Chairman), Alex Fort Brescia, Fortunato Brescia moreyra, Bruno Schenone, Rodrigo Ochagavía, Jorge Eugenin and Jose Luis Orbegoso. LM
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DEAL REPORT
KROTON EDUCACIONAL SA TO ACQUIRE UNOPAR FOR 1.3 BILLION BRAZILIAN REAIS
leading education group, with more than 264 thousand students in Post Secondary and 45 campuses allocated in all Brazilian regions. In the DL segment, kroton becomes Brazil’s prime platform, operating in 467 cities by means of 616 centers. Furthermore, the Company maintains its presence in the Primary and Secondary sector, with 281 thousand students through its 771 associated schools. kroton has a wide knowledge in integration of transformational businesses, as
observed during 2010 after the acquisition of IUNI, and has already started the process of integration of Unopar. During the due diligence of Unopar, it detected synergies, specially related to scale, that will be reached after the combination of both businesses. Other important opportunities will be explored, such as the expansion of DL centers using the Associated Schools of the Primary and Secondary sector, the entry into new business segments and the launching of new products. LM
EDUARDO JORGE COSTA MARTINS Leader Partner, M&A Transaction Services Deloitte Financial Advisory
Tel: + 55 11 5186-1243 Email: ejmartins@deloitte.com
Kroton Educacional SA is set to acquire Unopar in what is being dubbed as one of the most relevant milestones in Kroton’s history. As a result of the Acquisition, kroton reinforces its position as one of the world’s