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Alcogal advised Grande Investment Corp. in successful acquisition of a controlling interest

Alcogal advised Grande Investment Corp. in the negotiation for the acquisition of a controlling interest of Petroamerica Terminal S.A. (PATSA) by VTTI B.V. We collaborated with the review, negotiation, and closing of the Stock Purchase Agreement, Shareholder´s Agreement, and other transactional documents. The acquisition totaled US$75 million.

Petroamerica Terminal S.A. is a logistics center for oil products with storage facilities for 1.1 million barrels, situated at the Pacific Ocean entrance to the Panama Canal.

Partners Alejandro Ferrer and Raúl Borrell participated in this transaction.


Company History

ALEMAN, CORDERO, GALINDO & LEE was established in 1985 and has quickly become one of Panama's leading law firms in the offshore area as well as in banking law and in representing large corporations doing business in the country. The firm's offshore practice is supported by its offices in the Bahamas, Belize, British Virgin Islands, Dubai, Geneva, Hong Kong Continue reading ...