Corporación Aceros Arequipa S.A. $25 Million takeover bid on Comercial del Acero S.A. (Comasa)


Payet, Rey, Cauvi, Pérez and Philippi Prietocarrizosa Ferrero DU & Uría advised on the transaction

Corporación Aceros Arequipa S.A., launched its $25 Million takeover bid on 100% of the captial of Comercial del Acero S.A. (Comasa).


Corporacion Aceros Arequipa S.A. engages in the manufacture and sale of steel products in Peru and internationally. It offers wire rods, construction bars, bars and profiles, steel calamine, nails and wires, corrugated footboards, rock support bolts, irons and coils, and tools and hardware products. The company is based in Lima.

Comercial del Acero S.A. distributes and markets steel products. Its offers tubes and seamless steel pipes, hot and cold-rolled plates, and galvanized and stainless steel products; angels, sinkers, tees, square and round bars, calibrated bars, U channels, hexagonal bars, and H and double beams; welded carbon and low alloy products; construction bars, wire, and nails; and hinges, saw blades, and handles.

Payet, Rey, Cauvi, Pérez advised Corporación Aceros Arequipa S.A. with José Antonio Payet (Picture), Alfredo Chan Arellano, Rafael Ortiz Encalada and Brian Ávalos.

Philippi Prietocarrizosa Ferrero DU & Uría advised Comercial del Acero S.A. with Rafael Boisset, Alessandro Mussio, Luis Miguel Garrido, Noelia Mariátegui and Milagros Pastor.

Involved fees earner: José Antonio Payet – Payet, Rey, Cauvi, Pérez, Mur; Alfredo Chan – Payet, Rey, Cauvi, Pérez, Mur; Rafael Ortiz Encalada – Payet, Rey, Cauvi, Pérez, Mur; Brian Ávalos – Payet, Rey, Cauvi, Pérez, Mur; Rafael Boisset – Philippi Prietocarrizosa Ferrero DU & Uría; Alessandro Mussio Gonzalez – Philippi Prietocarrizosa Ferrero DU & Uría; Luis Miguel Garrido Marroquín – Philippi Prietocarrizosa Ferrero DU & Uría; Noelia Mariátegui – Philippi Prietocarrizosa Ferrero DU & Uría; Milagros Pastor Stumpf – Philippi Prietocarrizosa Ferrero DU & Uría;

Law Firms: Payet, Rey, Cauvi, Pérez, Mur; Philippi Prietocarrizosa Ferrero DU & Uría;

Clients: Corporacion Aceros Arequipa S.A.; Comercial del Acero S.A.;