Baker McKenzie advised its client Brenntag, the leading chemicals and ingredients distributor in the acquisition of Quimica Delta, a Mexican-based distributor of chemicals operating a last mile service operation network with access to tollgates in the central area of the country, which also has a long history in this area and longstanding relationships with supply partners.
The deal is pending regulatory approval. Financial information, including purchase price is confidential at this moment.
Quimica Delta’s main facilities are located in Teoloyucan, close to Mexico City and it has major customers in Central Mexico, with a diverse portfolio of industrial chemical products, it also operates several rail terminals and has access to maritime port infrastructure at Altamira, strategically located as a tollgate for chemicals mainly imported from the United States.
A wide-ranging Baker McKenzie team worked on this deal, which was led by José Antonio Ambrosi and Carlo Pérez-Arizti, and included Pedro Vázquez and contributions from several Practice Groups and attorneys from its five offices in Mexico.
Baker McKenzie is a transactional powerhouse, with more than 2,500 deal lawyers in 45 jurisdictions offering pragmatic counsel in the areas most critical for clients. The Firm excels in complex transactions and cross-border deals; over 65% of the deals are multi-jurisdictional. The teams are a hybrid of ‘local’ and ‘global’, combining money-market sophistication with local excellence.
Quimica Delta was advised by DLA Piper in Mexico, Chevez Ruiz Zamarripa and BBVA.
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