Beccar Varela Advises Italgas in Acquisition of Raízen Gas

March, 2020 - Argentina

On January 31, 2020, Raízen Gas SA, a company dedicated to the business of fractionation, commercialization and distribution of liquefied petroleum gas (LPG), advised by Marval O´Farrel Mairalfue acquired by Italgas SA The value of the operation is confidential.

The transaction makes Italgas, advised by Beccar Varela, one of the main players in the commercialization and distribution of LPG.

The transaction also involved the negotiation of supply agreements to provide Raízen Gas S.A. butane and propane. The transaction must have the approval of the National Commission for the Defense of Competition in Argentina.

The transaction involved the participation of Citibank NA, Buenos Aires Branch, with the advice of Tito Livio Venturini.

Beccar Varela provided advice to Italgas through partner María Shakespear and associates Luciana Liefeldt, Gonzalo Ochoa, Tomás Peña, Jean Daniel Moreteau and Belén Astelarra. The Competition team was led by partner Agustín Waisman and associate Tomás Lopez Bisso.



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