Client or Matter Name
GC represented Advent International Corporation ("Advent"), in the concentration notice proceeding before the Antitrust Mexican Commission ("Cofece") for the acquisition of 65% of Neoris, a subsidiary of CEMEX constituted under the Netherlands laws, dedicated to Information Technologies (IT) services.
The transaction was authorized without any conditions in October 2022.
Innovation & Additional Comments
Thanks to the efforts of our Antitrust and Competition Team, we were able to avoid a Request of Additional Information despite there being overlaps between NEORIS and certain Advent portfolio companies. In addition, we obtained Cofece's authorization without any conditions.
Deal Duration, Date of Closing / Signing