Unión Andina de Cementos’s $23 Million Acquisition of Cemento La Unión business in Chile


Albagli Zaliasnik and Elton & Cía advised on the transaction

Unión Andina de Cementos executed its $23 million acquisition of 100% stake of Cemento La Unión subsidiary in Chile.

Unión Andina de Cementos is the result of the merger (2012) of Cementos Lima and Cemento Andino. The company engages in production of cement and has a significant local market share and exports to Chile and the United States.

Cementos La Union, SA manufactures and supplies cement. The Company offers various types of cements and mortars.

Albagli Zaliasnik advised Unión Andina de Cementos S.A.A. (Unacem) with Rodrigo Albagli (Picture), Álvaro Rosenblut, Jorge Arredondo, David Ancelovici, Eduardo Anguita, Antonio Rubilar Suárez and Catalina Coddou.

Elton & Cía. advised Cementos La Unión, S.A. with Rodrigo Monsalve Sandoval.

Involved fees earner: Rodrigo Albagli – Albagli Zaliasnik; David Ancelovici – Albagli Zaliasnik; Eduardo Anguita – Albagli Zaliasnik; Jorge Arredondo Pacheco – Albagli Zaliasnik; Catalina Coddou – Albagli Zaliasnik; Alvaro Rosenblut – Albagli Zaliasnik; Antonio Rubilar – Albagli Zaliasnik; Rodrigo Monsalve Sandoval – Elton & Cia;

Law Firms: Albagli Zaliasnik; Elton & Cia;

Clients: Cementos La Unión SA; Unión Andina de Cementos S.A.A.;

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Author: Ambrogio Visconti.