Celulosa Arauco y Constitución’s $245 Million Acquisition of Masisa S.A.


Portaluppi Guzmán y Bezanilla, Mijares, Angoitia, Cortés y Fuentes, Ramírez, Gutiérrez-Azpe, Rodríguez-Rivero y Hurtado and Creel, García- Cuéllar, Aiza y Enríquez advised on the deal

Celulosa Arauco y Constitución S.A., through Arauco Internacional Limitada and AraucoMex, S.A. de C.V., finalized the acquisition of Masisa, S.A. for $245 Million.

Celulosa Arauco y Constitución S.A., together with its subsidiaries, produces, sells, and exports forestry and timber products worldwide. The company, led by Matias Domeyko Cassel, Cristián Infante Bilbao, Gianfranco Truffello, Alvaro Saavedra and Antonio Luque, operates through Pulp, Timber, and Forestry segments.

Masisa S.A. produces and commercializes wood and wood products, and markets its products throughout South America. The company, led by Roberto Salas Guzman, Eugenio Juan Arteaga Infante and Luciano Tiburzi Yaury, is based in Chile.

Portaluppi Guzmán y Bezanilla advised Celulosa Arauco y Constitución S.A. with Juan Francisco Guzmán.

Mijares, Angoitia, Cortés y Fuentes, S.C. advised Celulosa Arauco y Constitución S.A. with Eugenio Macouzet (Picture), Francisco Glennie, Isabel Gamboa, Carlos Orcí, Rodrigo del Valle, Paula Pérez, María José Canseco, Ernesto de la Peña, Santiago Graf and Carlos Ahumada.

Ramírez, Gutiérrez-Azpe, Rodríguez-Rivero y Hurtado advised Masisa S.A. with Enrique Ramírez, Enrique Calderón and Lucian Mihai.

Creel, García- Cuéllar, Aiza y Enríquez advised Masisa S.A. with Luis Gerardo García, Jorge Kargl and Edgar Martín.

Involved fees earner: Enrique Ramírez – Ramírez, Gutiérrez-Azpe, Rodríguez-Rivero y Hurtado; Enrique Calderón – Ramírez, Gutiérrez-Azpe, Rodríguez-Rivero y Hurtado; Lucian Mihai – Ramírez, Gutiérrez-Azpe, Rodríguez-Rivero y Hurtado; Juan Francisco Guzmán Rencoret – Portaluppi Guzmán y Bezanilla; Luis Gerardo García Santos Coy – Creel, García-Cuéllar, Aiza y Enriquez SC; Jorge Kargl Pavia – Creel, García-Cuéllar, Aiza y Enriquez SC; Eugenio Macouzet de León – Mijares, Angoitia, Cortés y Fuentes, S.C.; Francisco Glennie Quiròs – Mijares, Angoitia, Cortés y Fuentes, S.C.; Carlos Orcí Berea – Mijares, Angoitia, Cortés y Fuentes, S.C.; Rodrigo del Valle Prieto – Mijares, Angoitia, Cortés y Fuentes, S.C.;

Law Firms: Ramírez, Gutiérrez-Azpe, Rodríguez-Rivero y Hurtado; Portaluppi Guzmán y Bezanilla; Creel, García-Cuéllar, Aiza y Enriquez SC; Mijares, Angoitia, Cortés y Fuentes, S.C.;

Clients: MASISA S.A.; Celulosa Arauco y Constitución S.A.;