Siete Leguas Group’s Acquisition of Santista


Martinez de Hoz & Rueda, Deloitte Legal, Mattos Filho, Veiga Filho, Marrey Jr e Quiroga and Perlman, Vidigal, Godoy Advogados advised on the deal

Grupo Siete Leguas executed an agreement with Brazil’s Mover Participações to acquire 100% of the shares of textile company Santista SA and all its subsidiaries.

The transaction includes the Brazilian division of Santista Work Solutions.

Once integrated, Grupo Siete Leguas will have a presence across all of America and South America, with production and sales facilities in the US, Mexico, Nicaragua, Brazil and Argentina.

GLS is currently formed by Siete Leguas, AALFS Manufacturing and Tavex México. It provides more than 10,000 direct jobs, including 8,000 in Mexico and 2,000 in Nicaragua. The group focuses on the production of jeans, denim and other textile products for brands and department stores such as Levi’s, Polo Ralph Lauren, JC Penney, Target, VF, Lucky Brand and J Crew, to name a few.

In Argentina, Martinez de Hoz & Rueda advised Siete Leguas with a team including Fernando Zoppi, Jose Martinez de Hoz (nieto) (Picture), Valentina Bulacios, Delfina Vallvé and Francisco Lobos.

In Mexico, Deloitte Legal advised Siete Leguas with Pablo Arellano Arellano.

In Brazil, Mattos Filho, Veiga Filho, Marrey Jr e Quiroga advised

Siete Leguas with Giovani Loss, Adriano Castello Branco, Rossana Fernandes Duarte, Francisco Zaninotto Mont’ Alverne, Fábio Coelho Studart Montenegro, Raphael Portella Chamma and Marcela da Fonte Freire.

Perlman, Vidigal, Godoy Advogados advised Mover and Santista with a team including Claudio Gomez, Eduardo Carvalho and Rafael Setoguti.

Involved fees earner: Fernando Zoppi – Martínez de Hoz & Rueda; José Martínez de Hoz (n) – Martínez de Hoz & Rueda; Delfina Vallvé – Martínez de Hoz & Rueda; Francisco Lobos – Martínez de Hoz & Rueda; Claudio Gomez – Perlman Vidigal Godoy; Eduardo Henrique Pinto de Carvalho – Perlman Vidigal Godoy; Rafael Setoguti Julio Pereira – Perlman Vidigal Godoy; Giovani Loss – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Adriano Castello Branco – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Francisco Zaninotto Mont’ Alverne – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Fábio Coelho Studart Montenegro – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Raphael Portella Chamma – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Rossana Fernandes Duarte – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Marcela da Fonte Freire – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Pablo Arellano Quintana – Deloitte Tax & Legal;

Law Firms: Martínez de Hoz & Rueda; Perlman Vidigal Godoy; Mattos Filho Veiga Filho Marrey Jr & Quiroga; Deloitte Tax & Legal;

Clients: Grupo Siete Leguas ; Santista SA ;

Author: Ambrogio Visconti.