Milbank LLP advised Cencosud S.A., one of the largest and most prestigious multi-brand retail conglomerates in Latin America, in connection with its acquisition of leading Argentine retailers Supermercados Mayoristas Makro S.A. and Roberto Basualdo S.A. from affiliates of SHV Holdings N.V.
“We are proud to have worked with a world-class retailer like Cencosud on another landmark transaction that underscores our team’s experience handling high-profile transactions across Latin America,” said Marcelo Mottesi, chair of Milbank’s Corporate Finance and Securities practice and co-head of the firm’s Latin America group.
Global Corporate/M&A partner Francisco Nuñez added, “We are very pleased to have advised Cencosud on this significant acquisition in Argentina, a market where they have been present for more than 40 years.”
The Milbank deal team was led by Mr. Mottesi and Mr. Nuñez and included Global Corporate/M&A associate Steve Ahn and international attorney Luis Felipe Garcia Rubio, Intellectual Property special counsel John Garces, Tax partner Edward Lemanowicz and associate Michael Rivkin and Corporate Finance and Securities special counsel Gonzalo Guitart.
