Vouga Abogados and Akin Gump Strauss Hauer & Feld advised on the deal
Corporación Paraguaya Distribuidora de Derivados del Petróleo S.A. (Copetrol) executed the acquisition of Axion Energy Paraguay S.R.L. assets from Pan American Energy, S.L., Argentinian subsidiary (PAE).
Copetrol S.A. markets petroleum products. The company was founded in 1973 and is based in San Lorenzo, Paraguay.
Axion Energy Holding S.L. engages in the refining of crude oil and the sale of petroleum products and its derivatives in Argentina, Uruguay and Paraguay. The company was founded in 2017 and is based in Alcobendas, Spain.
Vouga Abogados advised Corporación Paraguaya Distribuidora de Derivados del Petróleo S.A. (Copetrol) with a team including Rodolfo G. Vouga (Picture) and Andrés Vera.
Akin Gump Strauss Hauer & Feld advised Pan American Energy with Daniel Walsh, David Lee and Jonathan Pico.