HS Timber Group acquisition of Celulosa Argentina Assets

Bourel & Paris Laplace advised HS Timber Group on the transaction.
Estudio Garrido advised Celulosa Argentina S.A.

HS Timber Group (“HS Timber”) exectuted the acquisition of 100% interest in TC Rey S.A., Rudaco S.A. e Iviraretá S.A. from  Celulosa Argentina S.A. 

The HS Timber Group has its roots in a traditional Austrian family business with more than 400 years of experience in wood processing. Today, the group is mainly active in the timber industry, but also in the sawn timber trade and in the bioenergy production. It operates three sawmills and two wood panel production plants in Romania, as well as another sawmill in Germany. With around 3,200 employees, the HS Timber Group is one of the leading companies in the woodworking industry in Europe. The company’s products are exported to more than 70 countries. HS Timber Group GmbH is a company of the ‘Evergreen Privatstiftung’. 

Bourel & Paris Laplace advised HS Timber Group with Martín Bourel (h) (Picture), Juan Novillo Astrada, Matías Guarda and Manuel Novaro Hueyo.

Estudio Garrido advised Celulosa Argentina S.A. with a team including Gustavo Garrido, Raúl Granillo Ocampo (h), María Marta Cancio and  Patricia Maccaferri.

Involved fees earner: Martín Bourel (h) – Bourel & Paris Laplace; Matias Gabriel Guarda – Bourel & Paris Laplace; Manuel Novaro Hueyo – Bourel & Paris Laplace; Juan Novillo Astrada – Bourel & Paris Laplace; Lucrecia Accini – Estudio Garrido; María Marta Cancio – Estudio Garrido; Gustavo Garrido – Estudio Garrido; Raúl Granillo Ocampo (h) – Estudio Garrido; Patricia Maccaferri – Estudio Garrido; Francisco Ruiz Guiñazú – Estudio Garrido;

Law Firms: Bourel & Paris Laplace; Estudio Garrido;

Clients: Celulosa Argentina S.A.; HS Timber Group ;