Business & Leadership

Santamarina y Steta Assists Biofilm on Obtaining Clearance from Mexican Antitrust Authority


Santamarina y Steta has advised Biofilm, one of LatAm’s leading producers of BOPP film for flexible packaging, labels and industrial applications, and Lisa Holdings and Valorem S.A., shareholders in Biofilm, in relation with the M&A process and to obtain the authorization from the Federal Economic Competition Commission to sell Biofilm to Taghleef, one of the largest global manufacturers of BOPP film.

 

With the addition, Taghleef will expand its offering and capacity in LatAm and will also consolidate its position as one of the leading global producers of BOPP film for the production of flexible packaging, labels and other industrial applications.

 

Santamarina y Steta was led by Ernesto Duhne and Jorge Leon Orantes, assisted by Paola Morales, Ivan Szymanski and Fernando Ruiz.

 

The sellers were represented in Colombia by Philippi Prietocarrizosa Ferrero DU & Uría and Taghleef was represented by DLA Piper.

 

C.G.L.

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