Unilever Acquires the Bolivian Company Astrix.
September, 2019 - Buenos Aires, Argentina
Buenos Aires, 27 September 2019. On 30 August closed the acquisition through which Unilever Andina Bolivia S.A. purchased Astrix S.A., one the most important Bolivian cleaning and personal care products company. For more than twenty years, Astrix has been developing its activities in Bolivia, where it produces and markets mass consumption products. In this operation, the selling party was the Lichtenfeld Group.
Baker McKenzie, Ferrere and Beccar Varela advised Unilever, while Greenberg Traurig, LLP counseled the Lichtenfeld group of Bolivia. Ferrere provided advice to Unilever on matters related to several areas of local practice in Bolivia throughout the transaction, including the drafting of a due diligence report. Baker McKenzie led the negotiations of the sale contract and accessories under foreign law, and Beccar Varela supported Unilever’s M&A team from Argentina. The lawyers worked as a team to provide legal support between the signing and closing phases of the agreement.
Counsel to Unilever
In-house counsel
In Argentina, Julieta Crouzel.
External counsel
In Bolivia
Ferrere: partner Carlos Pinto, senior associates Delma Paz and Mattías Garrón, and associate Yomara Ardaya.
In Argentina
Beccar Varela: partner María Shakespear and senior associate Carolina Serra.
In the UK
Baker McKenzie: Tom Edwards, David Scott, and Anthony Pisarski.
Counsel to Lichtenfeld Group
External counsel
Greenberg Traurig, LLP: Santiago Debesa.
