The Abraaj Group’s acquisition of a majority stake in Casaideas


Morales & Besa, Hernández & Cía, Bofill Mir & Álvarez Jana and Cariola, Díez, Pérez-Cotapos & Cía. have advised on the deal

Founded in Chile in 1993 with the aim of offering unique and affordable home design and home decorative products, Casaideas has since expanded its operations to 33 stores in Chile, 16 stores in Peru and seven additional franchise units in Bolivia. Homeware and Furnishing is the seventh largest consumer retail category by market share in Latin America.

The transaction represents the first direct investment in Chile for Abraaj and 16th in Latin America, completing the Group’s investment presence in the Pacific Alliance countries of Mexico, Peru, Colombia and Chile.

Morale Besa has advised The Abraaj Group with Eugenio Besa (Picture), Michel Diban, Macarena Laso and Maria Teresa Manubens.

Morales & Besa also acted as counsel for Casa Idea for the prepayment and refinancing of loans with a team including José Miguel Carvajal and Ignacio Delpino.

Hernández & Cía. has advised The Abraaj Group with a team including Juan Luis Hernández, Sandro Cogorno, Mónica Posada and Harold Callo.

Bofill Mir & Álvarez Jana has advised Matriz Ideas S.A. with Alejandro Álvarez, Manuel Sánchez, Antonio Gana and Joaquín Recart.

Cariola, Díez, Pérez-Cotapos & Cía. has advised Claudia Venegas (Inversiones y Asesorías Creativa SpA) with Gerardo Varela, Pedro Lluch and Nicole Stern.

Involved fees earner: Juan Luis Hernández – Hernández & Cía Abogados; Sandro Cogorno – Hernández & Cía Abogados; Mónica Posada – Hernández & Cía Abogados; Harold Callo – Hernández & Cía Abogados; Gerardo Varela – Cariola, Díez, Pérez-Cotapos & Cía Ltda; Nicole Stern – Cariola, Díez, Pérez-Cotapos & Cía Ltda; Rodrigo Lavados – Cariola, Díez, Pérez-Cotapos & Cía Ltda; Alejandro Álvarez – BMAJ Bofill Mir & Alvarez Jana Abogados; Manuel Sánchez – BMAJ Bofill Mir & Alvarez Jana Abogados; Joaquín Recart – BMAJ Bofill Mir & Alvarez Jana Abogados; Eugenio Besa – Morales & Besa; José Miguel Carvajal – Morales & Besa; Macarena Laso – Morales & Besa; María Teresa Manubens – Morales & Besa; Michel Diban G. – Morales & Besa; Ignacio Delpino – Morales & Besa;

Law Firms: Hernández & Cía Abogados; Cariola, Díez, Pérez-Cotapos & Cía Ltda; BMAJ Bofill Mir & Alvarez Jana Abogados; Morales & Besa;

Clients: Abraaj Group; Casaidea; Matriz Ideas S.A.; Inversiones y Asesorías Creativa SpA;