Trabajos Marítimos S.A. – Tramarsa [Counterparty: Puerto de Bayovar S.A.C.]

Regulatory issues of prior control of concentrations and mergers. Olaechea assisted Tramarsa with a comprehensive memorandum regarding the legal situation of Puerto de Bayovar. In this sense, we developed an analysis of the requirements and rules related to the regulatory framework for prior control of concentration and mergers. Preliminary analysis of acquisition of port shares in Peru: We carried out a preliminary analysis of the Puerto de Bayovar share acquisition transaction by Tramarsa and the essential parameters to be taken into account, in order to present our client with all relevant aspects in the event of a purchase. Largest port operator in Peru: Tramarsa is Peru’s largest port operator, with 30 years of experience in port terminal solutions. The client is dedicated to looking after ships, cargo and maritime and port infrastructure, and also operates private port terminals. Strategic port for Peruvian trade: The Puerto of Bayovar is a private port for private use, in northern of Peru, in which cargo loading and unloading operations are carried out, as well as the transport of cargo from the warehouses to the terminal. Bayovar has the capacity to handle solid bulk cargo and liquid cargo. The port has docks and a platform to receive ships with a capacity of up to 250,000 tonnes. Latest development: We delivered the analysis to the client.

Matter value – include currency and amount in figures :

Confidential

Is this a cross-border matter? If yes, please indicate the jurisdictions involved :

No

Lead partner :

Martin Serkovic

Other team members :

Lucia Luna; Celia Izquierdo

Other firms advising on the matter and their role(s) :

N/A

Date of completion or current status :

February 2024