Monex, S.A.B. de C.V.’s Acquisition of 59,95% stake in Arrendadora Avance, S.A. de C.V.


Galicia Abogados and Von Wobeser y Sierra advised on the deal


Monex, S.A.B. de C.V. finalized the acquisition of 59,95% interest in Arrendadora Avance, S.A. de C.V. (Avance) for an undisclosed ammount.

Holding Monex S.A.B. de C.V. operates as an investment holding company. The Company, through its subsidiaries, offers several financial and non-financial services including the provision of foreign exchange transactions, international payments, risk management solutions, commercial banking and trust services, and domestic and international security trading. The company, led by

Hector Pio Lagos Donde, Mauricio Naranjo Gonzalez and Luis Gerardo Vigueras ceballos in 2017 recorded $186 Million Revenues.

Arrendadora Avance, S.A. de C.V. offers asset leasing services. The company is based in Ciudad de México.

Galicia Abogados advised Monex, S.A.B. de C.V. (Monex) with Bernardo Martínez-Negrete (Picture), José Alejandro Cortés Serrano and Sofía Montes de Oca.

Von Wobeser y Sierra advised Arrendadora Avance, S.A. de C.V. with Luis Burgueño and Marisol Márquez.

Involved fees earner: Luis Burgueño – Von Wobeser y Sierra SC; Marisol Márquez – Von Wobeser y Sierra SC; Bernardo Martínez-Negrete – Galicia Abogados, S.C; José Alejandro Cortés Serrano – Galicia Abogados, S.C;

Law Firms: Von Wobeser y Sierra SC; Galicia Abogados, S.C;

Clients: Monex, S.A.B. de C.V.; Arrendadora Avance, S.A. de C.V. ;

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Author: Ambrogio Visconti.