Morgan & Morgan advised Panama Ports Company, S.A. in the sale of Rubber Tyred Gantry Cranes to Infraestructura Portuaria Mexicana, S.A. de C.V.
March, 2015 - Panama, Panama
Morgan & Morgan advised Panama Ports Company, S.A. (PPC), as seller, in the sale of certain Rubber Tyred Gantry Cranes to Infraestructura Portuaria Mexicana, S.A. de C.V. (IPM), as purchaser. The cranes were part of an inventory of equipment owned by PPC not necessary for the operation of PPC in the Ports of Balboa and Cristobal.
PPC is a subsidiary of the Hong Kong-based conglomerate Hutchison Whampoa Ltd. The company develops and operates the Port of Balboa and the Port of Cristobal on the Pacific and Atlantic coasts of the Republic of Panama.
Partner Enrique Jiménez and associate Roberto Vidal, participated in this transaction.
