Inversiones SMU SpA’s $83.9 Million Sale of 100% interest in Construmart S.A.

Carey and Morales & Besa advised on the deal

Inversiones SMU SpA signed a preliminary agreement to sale 100 % Stake in Construmart S.A. to a group of investors represented by LarrainVial Servicios Profesionales Ltda.

Construmart S.A. engages in the distribution and sale of construction materials and home improvement products for construction companies, hardware stores, master builders, and other people in Chile and Latin America.

Carey advised LarrainVial Servicios Profesionales Ltda. with Salvador Valdés (Picture), Arturo Poblete and Raúl Morales.

Morales & Besa advised Inversiones SMU SpA with Álvaro Barriga, María José Henríquez, Vicente Valdés and Gustavo Marambio.

Involved fees earner: Salvador Valdés – Carey; Arturo Poblete – Carey; Raúl Morales – Carey; Álvaro Barriga O. – Morales & Besa; Gustavo Marambio C. – Morales & Besa; Vicente Valdés – Morales & Besa; María José Henríquez G. – Morales & Besa;

Law Firms: Carey; Morales & Besa;

Clients: SMU S.A. ; Larraín Vial S.A.;

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Author: Ambrogio Visconti.