Companhia de Locação das Americas S.A.’s $23.8 Million Acquisition of NTC Locação de Veículos S.A.


Machado Meyer advised on the deal

Companhia de Locação das Americas S.A. executed its $23.8 Million Acquisition of NTC Locação de Veículos S.A.

Companhia de Locacao das Americas is a car rental company. The firm, led by Luis Fernando Memoria Porto, Marco Tulio De Carvalho Oliveira and Carlos Horacio Sarquis, in 2018 recorded $772 Million revenues.

Movida Locação de Veículos S.A. provides car rental services in Brazil. It also engages in the sale of new cars and fleet outsourcing management of light vehicles. The company is based in São Paulo.

Machado Meyer advised Companhia de Locação das Americas S.A. (Unidas) with a team including Mauro Cesar Leschziner (Picture), Clarissa Freitas and Isabela Cruz Sánchez.

Involved fees earner: Isabela Cruz Sanchez – Machado, Meyer, Sendacz e Opice; Clarissa Freitas – Machado, Meyer, Sendacz e Opice; Mauro Cesar Leschziner – Machado, Meyer, Sendacz e Opice;

Law Firms: Machado, Meyer, Sendacz e Opice;

Clients: Companhia de Locacao das Americas;

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Author: Ambrogio Visconti.