Marval, O’Farrell & Mairal and Bruchou, Fernández Madero & Lombardi advised on the deal
The Brink’s Company (NYSE:BCO), the global leader in cash management, secure logistics and security solutions, today announced that it has agreed to a cash purchase of Maco Transportadora de Caudales S.A. (“Maco”) for approximately $209 million, with the final purchase price subject to post-closing adjustments and foreign exchange translation. The transaction is expected to close within 30 days, subject to customary closing conditions. Based in Buenos Aires, Maco’s cash-in-transit and money processing operations will be integrated with Brink’s existing operations in Argentina. Over the last 12 months, Maco generated revenue of approximately $90 million and adjusted EBITDA of approximately $24 million.
The Brink’s Company (NYSE:BCO) is the world’s premier provider of secure logistics and security solutions including cash-in-transit, ATM services, cash management services (including vault outsourcing, money processing and intelligent safe services), international transportation of valuables, and payment services. Our customers include financial institutions, retailers, government agencies, mints, jewelers and other commercial operations. Our global network of operations in 40 countries serve customers in more than 100 countries.
Marval, O’Farrell & Mairal advised Brink’s Argentina with Pablo García Morillo (Picture), Jorge Zemborain, María Macarena García Mirri and Marianela Bollo.
Bruchou, Fernández Madero & Lombardi advised MACO Transportadora de Caudales S.A. with Aixa Sureda and Pilar Rodríguez Salto.
Involved fees earner: Aixa Sureda – Bruchou, Fernández Madero & Lombardi; Pilar Rodríguez Salto – Bruchou, Fernández Madero & Lombardi; Pablo García Morillo – Marval, O’Farrell & Mairal; Maria Macarena Garcia Mirri – Marval, O’Farrell & Mairal; Marianela Bollo – Marval, O’Farrell & Mairal;