“The corporate, mergers and acquisitions team of Finocchio & Ustra Advogados advised the quotaholders of  Iplasa Indústria e Comércio de Produtos Domissanitários Ltda., a company that markets and sales household cleaning products, in the transaction of sale of 100% of its equity interest to Indústrias Reunidas Raymundo da Fonte S.A., a company that operates in the same market, with dominant present in the North and Northeast of Brazil.

The transaction was approved by the CADE in the beginning of January 2023 and the closing took place in February, 2023.

Our team had a strategical role, supporting Iplasa Indústria e Comércio de Produtos Domissanitários Ltda.’s quotaholders in the legal and commercial aspects in connection with the negotiations, considering the challenging timetable agreed for the signing of the transaction, and all the particularities of the period (Brazilian elections and World Cup), as well as the multiple quotaholders’ interests and goals in connection with the transaction.

The Transaction was conducted by the partner Felipe Cervone, with the participation of Rachel Marques, Camila de Godoy Ferreira, Patrícia Bruzzi Carrion Paraguay and Tainara Morata Sanzovo, all from the corporate, mergers and acquisitions team of Finocchio & Ustra Advogados.”