TGLT S.A.’s $109 Million Acquisition of 82 % interest in Constructora Caputo


Pérez Alati, Grondona, Benites & Arntsen and Cueto Rua, Mercau Saavedra & Biritos advised on the deal

TGLT S.A. executed the acquisition of 82% shares in Constructora Caputo for $109 Million. The company intends to launch a tender offer to acquire the 100% of the company.

TGLT S.A. operates as a home builder engaged in the development of residential projects in Argentina and Uruguay. The Company, led by Federico Nicolas Weil, Rafael Ignacio Soto and Alejandro Belio, offers projects targeted mostly at the high and mid-high income segments. In 2017 TGLT recorded $64.6 Million Revenues.

Caputo S.A.I.C. y F. operates as a construction company in Argentina.

Pérez Alati, Grondona, Benites & Arntsen advised TGLT S.A. with Diego Serrano Redonnet (Picture) Luis Barry, Danilo Parodi Logioco, Lucas Cataldi Othacehé, María Clara Rodríguez Llanos and Paula Balbi.

Cueto Rua, Mercau Saavedra & Biritos advised the selling shareholders with Andrés Mercau Saavedra and Santiago López Aufranc.

Involved fees earner: Andrés Mercau Saavedra – Cueto Rua, Mercau Saavedra & Biritos; Santiago López Aufranc – Cueto Rua, Mercau Saavedra & Biritos; Diego Serrano Redonnet – Pérez Alati, Grondona, Benites & Arntsen; Danilo Parodi Logioco – Pérez Alati, Grondona, Benites & Arntsen; Lucas Cataldi Othacehe – Pérez Alati, Grondona, Benites & Arntsen; Luis Barry – Pérez Alati, Grondona, Benites & Arntsen; María Clara Rodríguez Llanos – Pérez Alati, Grondona, Benites & Arntsen;

Law Firms: Cueto Rua, Mercau Saavedra & Biritos; Pérez Alati, Grondona, Benites & Arntsen;

Clients: TGLT S.A.; Caputo S.A.I.C. y F.;

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Author: Ambrogio Visconti.