Colas’s Acquisition of Conalvías Construcciones activities in Perù


Philippi Prietocarrizosa Ferrero DU & Uría and Estudio Echecopar (Baker & McKenzie) advised on the deal

Colas signed an agreement to acquire the Peruvian construction activities of the Colombian group Conalvias Construcciones S.A.

The activities mainly comprise mining infrastructure work for international mining companies as well as medium-and long-term road maintenance contracts.

With revenue totaling 65 million euros in 2017 and more than 700 employees, the business will be operated by Colas under the name of Colvias.

The acquisition is part of Colas’ strategy aiming to gain footholds in targeted countries in South America. The Group is already present in Chile and Peru through Colas Rail, Dust-A-Side and Smac.

Philippi Prietocarrizosa Ferrero DU & Uría advised Colas with a team including Rafael Boisset (Picture), Ronald Fernández-Dávila, Mariana Simoes, Raúl Vizcarra Castillo, Alessandro Mussio and Milagros Pastor.

Estudio Echecopar (Baker & McKenzie) advised Conalvías Construcciones with Rafael Picasso Salinas, Cristina de la Piedra, Diana Collazos, Carla Figallo and Silet Becerra Orihuela.

Involved fees earner: Silet Becerra Orihuela – Baker McKenzie; Diana Collazos Saenz – Baker McKenzie; Cristina de la Piedra Sanchez Aizcorbe – Baker McKenzie; Carla Figallo Salgado – Baker McKenzie; Rafael Picasso – Baker McKenzie; Rafael Boisset – Philippi Prietocarrizosa Ferrero DU & Uría; Ronald Fernández-Dávila – Philippi Prietocarrizosa Ferrero DU & Uría; Alessandro Mussio Gonzalez – Philippi Prietocarrizosa Ferrero DU & Uría; Milagros Pastor Stumpf – Philippi Prietocarrizosa Ferrero DU & Uría; Mariana Simoes – Philippi Prietocarrizosa Ferrero DU & Uría; Raúl Vizcarra Castillo – Philippi Prietocarrizosa Ferrero DU & Uría;

Law Firms: Baker McKenzie; Philippi Prietocarrizosa Ferrero DU & Uría;

Clients: Colas SA; Conalvías SA;

Author: Ambrogio Visconti.