Grupo Axo’s Acquisition of Tennix

Creel, García-Cuéllar, Aiza y Enríquez and Santamarina y Steta advised on the deal

Grupo Axo, S.A.P.I. de C.V. executed the acquisition of Tennix, SA DE CV doing business as Tex and Truekids.

The transaction is subject to approval from the Mexican Federal Economic Competition Commission (COFECE).

Grupo Axo, S.A.P.I. de C.V. operates clothes and accessories stores in Mexico and Chile. the company, led by Alberto Fasja Cohen, is based in Chile.

Tennix, SA DE CV owns and operates sport shoes stores. The company was founded in 1971 and is based in San Pedro Garza García, Mexico.

Creel, García-Cuéllar, Aiza y Enríquez advised Grupo Axo on the deal.

Santamarina y Steta advised Tennix, SA DE CV with a team including Carlos Argüelles (Picture), Jorge Barrero, Bárbara Asiain and Lisa Carral.

Involved fees earner: Jorge Barrero S. – Santamarina y Steta; Carlos Argüelles – Santamarina y Steta; Bárbara Asiain – Santamarina y Steta; Lisa Carral – Santamarina y Steta;

Law Firms: Santamarina y Steta;

Clients: Tennix, SA DE CV ;

Author: Ambrogio Visconti.