Morales & Besa successfully advised DIF Capital Partners in the acquisition of two Chilean concessionaries

November 8, 2019

Morales & Besa successfully advised Dutch Investment Fund (DIF) Capital Partners in the acquisition of two concessionaries, which stand out for being the first investments of the company in Chile.

The first consisted in the acquisition of a non-controlling stake in Sociedad Concesionaria Valles del Bío Bío S.A., a concessionary company of a road located in Concepción. The second was related to the acquisition of a non-controlling stake in Sociedad Concesionaria Rutas del Desierto S.A., a concessionary company of a road located in Iquique. Both transactions involved, among others, the negotiation of a promise agreement and a stock purchase agreement.

The Morales & Besa team that led this transaction was led by partners Michel Diban and Carlos Silva, along with associates Isabel Cabeza, Patricio Novoa and José Manuel Llamazales.