Transactions & Finance

Continental Buys Atlas in Peru

Continental, a Peruvian business of office utilities that operates in the premium market, acquired Atlas, a popular company that operates at the lower end of the same field, for an undisclosed amount. Continental was advised by Martinot Abogados, while Miranda & Amado was advisor to Atlas.

Continental, a Peruvian business of office utilities that operates in the premium market, acquired Atlas, a popular company that operates at the lower end of the same field, for an undisclosed amount. Continental was advised by Martinot Abogados, while Miranda & Amado was advisor to Atlas.


Continental’s commercial manager, Rodolfo Salas, stated that Atlas, which is the leading brand in Peru for photocopy paper, will contribute a lot to complement Continental’s portfolio since it has a high level of recognition and presence throughout the country. The incorporation will also boost Continental’s market share of photocopy paper and notebooks by up to 30% for. Continental already owns brands like Stanford, Conti, Milano, as well as the Utilex chain.

Read the full Special Report: Peru: International Firms Reshaping Legal Market

Peru is considered one of the leading emerging markets in the region in terms of economic development and despite the economic slowdown the prospects are better than in neighboring countries. According to the IMF Peru will grow at a faster rate than Chile, Colombia and Mexico. The recently elected president should provide a basis for this notably through several infrastructure projects that should launch in the coming years.

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