News

2 November 2018

PECOM Servicios Energía S.A. acquires 100% of the shares of Bolland y Cía S.A.

Bolland is an oil services company that, among others, manufactures pumps for the oil & gas industry and develops chemical solutions to optimize oil wells. Pecom, in turn, is a company from the Perez Companc Group, leader in the energy industry of Argentina.

The transaction required intensive planning and a substantial due diligence, which also included Bolland's subsidiaries in (i) Colombia, Centro de Distribución Química S.A.S., (ii) Brazil, Bolland Do Brasil S.A; and (iii) a branch in Bolivia, Bolland y Cía Sucursal Bolivia.

The deal also included a heavily negotiated share purchase agreement, among other transaction documents, and closed on October 31st. The value of the transaction  was US$ 111,700,000.

Legal Avisers:

For Pecom:

Pérez Alati, Grondona, Benites & Arntsen: P. Eugenio Aramburu, Asociado senior: Tomás Perez Alati; Asociados: Estefanía Balduzzi, Cristian Chang, and Juan A. Negri

In-house: Guido D’Angelo, Gustavo Hours, Eduardo Arzeno

Read article published in Latin Lawyer

Read article published in Lex Latin

Read article published in La Nación

Read article published in ADN Sur

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