IFLR1000

Volcan/ COSCO SHIPPING Ports joint venture

23/1/2019
Joint venture, Project development
Select tab

$ 225 million

Announced

23/1/2019

Overview:

  • Volcan, a Peruvian mining company, and COSCO SHIPPING Ports, a port operator, have formed a joint venture to construct a private port in Chancay, Peru. 
  • The transaction is valued at $225 million. 

Rani Mehta - Latin America Editor

Jurisdiction:

Peru

Deal types:

Joint venture
Project development

Practice area:

M&A

Industry sector:

Shipping

Firms:
García Sayán Abogados

Party: Volcan Holding (Joint venture partner)

Lawyer: Luis Gastañeta A

Philippi Prietocarrizosa Ferrero DU & Uría

Party: Cosco Shipping Holdings (Joint venture partner)

Lawyer: Rafael Boisset

Related deals