Client Requirement: Our client a world leader in inspection, verification, analysis, and certification has merged two of its vehicles in Peru, SGS del Peru (operating vehicle) absorbed Laboratorio Inmobiliaria S.A.C (real estate vehicle) as part of a bigger corporate group reorganization that evidences the consolidation and stronger position that SGS is gaining in the Peruvian market.
Our Participation: In this sense we were in charge of carrying out a due diligence of Laboratorio Inmobiliaria S.A.C. in order to regularize any pending corporate actions before the implementation of the transaction, as well as to lead some of the corporate actions required after its implementation. Our advisory included the red flag of any consequential legal action for this transaction.
Benefit for the Client: As we made an internal Due Diligence process of the vehicle to be absorbed as consequence of this intercompany merger, we were also able to red flag before the client any pending corporate action they should take in consideration from a financial/corporate point of view. The idea was to provide a complete advice to our client and therefore the latter may be aware of any side-effect related to the implementation of this process, and the consequential absorption of Laboratorio Inmobiliaria S.A.C by its related company SGS del Peru.
