Partnership for isotanks cleaning services in Peru. Our firm is assisting Marval Perú with the implementation of a new business with Terminales Portuarios Peruanos, which is a strategic partner in the maritime sector. This new endeavour will provide complimentary services to big players through a new company focused on the provision of cleaning services for isotanks.
Comprehensive business structuring: Our work includes advisory on the structure of the business, the negotiation of the initial binding documents, the incorporation of the new company, a shareholders’ agreement, a lease agreement, and ancillary documents. Our client has the know-how and found a potential partner with the ownership of a great land that would enable the development of the new production business and enough additional space to eventually increase the initial production capacity.
Due diligence on premisses to enable business implementation: We are undertaking the legal due diligence of the premises involved in the implementation of the business, which includes our assessment of corporate, real estate, environmental, and regulatory matters. We are also analysing the best form for our client to contribute while safeguarding its know-how regarding the newco.
Challenging negotiations for major investment: The negotiation with the new partner is challenging due to the sophisticated structure required to reflect subsequent obligations once certain conditions are met during the project development. Additionally, both companies will mutually benefit from the development of the project and the execution of a major investment.
Latest development: With our assistance, the newco was incorporated and is starting its operations, while we continue to advise the client.
