Trafigura’s Acquisition Downstream Assets of Pampa Energía in Argentina


Simpson Thacher represented Trafigura Ventures V B.V. and Trafigura Argentina S.A., subsidiaries of Trafigura Group Pte Ltd (“Trafigura”), in connection with a stock and asset purchase agreement with Pampa Energía to acquire over 250 service stations, a refinery, a lubricants manufacturing facility and a fuel storage terminal in Argentina.

The transaction remains subject to closing conditions.

Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials (including oil and refined products and metals and minerals) to clients around the world.

The Simpson Thacher team included S. Todd Crider (Picture), Juan M. Naveira, Luis R. Pellerano, Karen McClendon and Francisco Molina Portela (M&A); Rob Holo and Jasmine Hay (Tax); Marcela Robledo (IP); and Michael Isby and Louise Kruger (Environmental).

Involved fees earner: Todd Crider – Simpson Thacher & Bartlett; Juan Naveira – Simpson Thacher & Bartlett; Luis Rafael Pellerano – Simpson Thacher & Bartlett; Karen McClendon – Simpson Thacher & Bartlett; Robert Holo – Simpson Thacher & Bartlett; Jasmine Hay – Simpson Thacher & Bartlett; Marcela Robledo – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Louise Kruger – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Trafigura;

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Author: Ambrogio Visconti