Grupo Familia $36 Million Acquisition of Industrial Papelera Ecuatoriana S.A.


CorralRosales and Coronel & Pérez advised on the deal

Productos Familia Sancela del Ecuador S.A., operating as a subsidiary of Grupo Familia finalized the $36 million acquisition of 100% stake in Industrial Papelera Ecuatoriana S.A.

Productos Familia Sancela SA manufactures and distributes personal hygiene products. The Company’s products include toilet paper, diapers, and tissues. The company, led by Andres Felipe Gomez Salazar, Juan Felipe Hoyos Botero and Juan Esteban Jaramillo Jimenez, in 2017 recorded $850 Million Revenues.

CorralRosales advised Grupo Familia with Xavier Rosales (Picture), María Romoleroux, Francisco Rosales, Edmundo Ramos, Ana Samudio, Andrea Moya, Milton Carrera, Ramón Paz y Miño, Felipe Samaniego, José Gordillo, Marta Villagómez, Rafael Serrano and Andrés Rubio.

Coronel & Pérez advised Industrial Papelera Ecuatoriana S.A. with Boanerges Rodríguez Freire, Boanerges Rodríguez Velásquez and Gabriela Guzmán Flores.

Involved fees earner: Boanerges Rodríguez Freire – Coronel & Pérez; Boanerges Rodríguez Velásquez – Coronel & Pérez; Gabriela Guzmán Flores – Coronel & Pérez; Xavier Rosales – CorralRosales; Francisco Rosales Ramos – CorralRosales; María Cecilia Romoleroux – CorralRosales; Edmundo Ramos Cárdenas – CorralRosales;

Law Firms: Coronel & Pérez; CorralRosales;

Clients: Productos Familia Sancela SA; Industrial Papelera Ecuatoriana S.A.;

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Author: Ambrogio Visconti.