The Mexican corporation arrives in South America with this purchaseThe multinational Dolphin Discovery accomplished - through its subsidiaries Controladora Dolphin, S.A. from C.V. and Dolphin Austral Holdings, S.A. de C.V.— the acquisition of 100% of the shares of Argentina's Plunimar S.A., owner of the Aquarium water park. The closing of the operation took place on December 11, 2018, for an undisclosed amount.
Grupo Dolphin had the legal advice of EY Law (Argentina) and its legal director, Concepción Esteban Manchado.
The seller, Parques Reunidos, received advice from Perez Alati, Grondona, Benites & Arntsen.
Grupo Dolphin plans to make significant investments to improve the park's facilities.
The Aquarium is located in the seaside resort of Mar del Plata (Province of Buenos Aires) and until then belonged to the spanish group Parques Reunidos.
Dolphin Discovery is a Mexican group that owns and operates dolphin parks. The acquisition means for the corporation its entry into South America, thus consolidating the expansion strategy.
Legal advisors
Advisors to Parques Reunidos:
In-house: Alejandro Díez Barturen Llombart.
Pérez Alati, Grondona, Benites & Arntsen: Partner P. Eugenio Aramburu. Associates Tomás Pérez Alati and Juan Agustín Negri.
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