Morales & Besa advised Acciona Services in a purchase to LATAM Airlines

October 22, 2017

Morales y Besa successfully advised the Spanish company Acciona Services, in the purchase of its ground handling subsidiary Andes Airport Services from LATAM Airlines. The transaction will be completed in the fourth quarter of 2017.

In addition to the purchase and sale, Latam Airlines and its subsidiaries will sign an agreement with Andes Airport Services for the provision of services at Santiago airport for 5 years.

In a press release, Acciona confirmed its commitment to Chile as a strategic market for the growth of its handling business.

The team of Morales & Besa was led by partners Macarena Laso and Michel Diban, and associate Guillermo Pizarro.