Entrance of foreign group in palm oil company from Peruvian Amazon. Our firm advised Trace Peru—the Peruvian subsidiary of the Camilo Ferrón Group, which operates in Argentina and Chile—on structuring its participation in AOPSA—a company owned by palm oil producers in the Peruvian Amazon. The engagement involved designing legal strategies to navigate a widely held shareholding structure and secure an equity position despite opposition from minority shareholders.
Structuring purchase agreement for future production and technical cooperation agreement: Our team explored and negotiated multiple entry structures, including share purchase, capital contribution, and cooperative agreements. We also assisted in structuring a purchase agreement for future production and a technical cooperation agreement as interim solutions before securing equity participation.
Overcoming shareholder opposition: Furthermore, we advised the client on overcoming shareholder opposition, drafting and negotiating investment agreements, and structuring governance mechanisms to facilitate Trace Peru’s participation. Our team also provided strategic guidance on minority shareholder rights under Peruvian law.
Capital contribution and regulatory compliance: Our firm structured and executed the capital contribution to AOPSA, ensuring compliance with corporate and foreign investment regulations, and assisted with due diligence, corporate filings, and implementation of governance adjustments to accommodate the new investor.
Strengthening position in Peruvian palm oil industry: This transaction is very important for Camilo Ferrón as it now has a direct stake in a Peruvian palm oil production company, ensuring future inventory production. Likewise, its experience and technical advancements will strengthen AOPSA’s business and add greater value to the company’s current production.
Latest development: With our assistance, the client concluded the transaction.