Hogan Lovells advised Grupo Ganfer on the deal.
Grupo Ganfer, a leader in Mexico known for its innovative production, marketing and exportation of agricultural products and services, agreed to form a joint venture with Nature Sweet.
The joint venture will provide Grupo Ganfer the means to expand its installed capacity for the exportation of small tomatoes among other vegetables. Grupo Ganfer is increasing its share leadership in its main business of small tomatoes and other vegetables that are grown in greenhouses.
Mexican agrobusiness exportation is at its highest point in 21 years, and is seen as one of the primary growth businesses in the years to come.
Hogan Lovells advised Grupo Ganfer in tax, corporate, and real estate matters in connection with the joint venture. The Hogan Lovells team included Jaime Espinosa (Picture) de los Monteros, Federico De Noriega, Guillermo Gonzalez Frankenberger, Rocío Sánchez Arriola and Andrea López Campa.
Involved fees earner: Federico De Noriega Olea – Hogan Lovells; Jaime Espinosa de los Monteros – Hogan Lovells; Guillermo Gonzalez Frankenberger – Hogan Lovells; Andrea López – Hogan Lovells; Rocío Sánchez-Arriola Luna – Hogan Lovells;
Law Firms: Hogan Lovells;
Clients: Grupo Ganfer;