Organización Terpel $714.7 million acquisition of lubricants business

Value:

$ 714.7 million

Status:

Announced

Date:

15/3/2018

Overview:

Organización Terpel has acquired the lubricants business of ExxonMobil in Colombia, Peru and Ecuador for $714.7 million.
The acquirer is a subsidiary of Compañía de Petróleos de Chile COPEC.

Katrin Kostadinova - Data analyst

Jurisdictions:

Colombia
Ecuador
Peru

Deal type:

Asset acquisition

Practice area:

M&A

Governing law:

Colombia

Industry sector:

Consumer goods and services

Firms:

A&O Shearman - United States

Party: Exxon Mobil (Seller)

Corral Rosales

Party: Organización Terpel (Acquirer)

Lawyer: Santiago Palacios-Cisneros

Gómez-Pinzón

Party: Exxon Mobil (Seller)

Lawyers: Mauricio Jaramillo Campuzano, Natalia García

Miranda & Amado

Party: Organización Terpel (Acquirer)

Lawyer: Bruno Amiel

Pérez Bustamante & Ponce

Party: Exxon Mobil (Seller)

Lawyer: Juan Manuel Marchán-Maldonado

Posse Herrera Ruiz

Party: Organización Terpel (Acquirer)

Lawyer: Jaime Herrera

Rodrigo Elías & Medrano Abogados

Party: Exxon Mobil (Seller)

Lawyers: Luis Carlos Rodrigo Prado, Oscar Benavides

Simpson Thacher & Bartlett

Party: Organización Terpel (Acquirer)

Organización Terpel $714.7 million acquisition of lubricants business of ExxonMobil in Colombia, Peru and Ecuador

15/3/2018

Asset acquisition

Overview:

Jurisdictions:

Deal type:

Practice area:

Governing law:

Industry sector:

Firms:

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