Grupo Romero’s Acquisition of Agricultural Business in Bolivia from Archer Daniels Midland

Simpson Thacher represented Inversiones Piuranas S.A., an affiliate of Peruvian conglomerate Corporacion Grupo Romero, in connection with a stock purchase agreement with affiliates of Archer Daniels Midland Company (NYSE: ADM) to acquire its oilseeds operations in Bolivia, including ADM’s processing facility in Santa Cruz de la Sierra, grain silos and ADM’s Bolivian distribution business.

The transaction, which remains subject to closing conditions including antitrust approval, is expected to close in the first half of 2018.

The Simpson Thacher team includes Jaime Mercado (Picture), Borja Marcos, Karen McClendon, Daniel Florez Linero and Thais Gasparian (M&A); Rob Holo and Jasmine Hay (Tax); Ellen Frye (Antitrust); and Patricia Adams (ECEB).

Involved fees earner: Jaime Mercado – Simpson Thacher & Bartlett; Borja Marcos – Simpson Thacher & Bartlett; Karen McClendon – Simpson Thacher & Bartlett; Robert Holo – Simpson Thacher & Bartlett; Jasmine Hay – Simpson Thacher & Bartlett; Ellen Frye – Simpson Thacher & Bartlett; Patricia Adams – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Inversiones Piuranas S.A.;


Author: Ambrogio Visconti