Steel Commercial
SECTOR
Steelworker
TARGET COMPANY
Comercial del Acero SA
INVESTORS
Aceros Arequipa SA Corporation
SELLERS
+30 Shareholders
SHARE SOLD
100 %
AÑO DE TRANSACCIÓN
2018
About the investor
Comercial del Acero SA was founded in 1985 in the city of Lima by a group of entrepreneurs. Currently, the company leads the national market in the marketing of a wide range of steel products and has established itself as the main importer of steel in different products such as: steel profiles, corrugated bars, wire, pipes, channels, beams, plates, welding and other steel derivatives.
Transaction summary
Corporación Aceros Arequipa SA (CASA), the largest steel producer in Peru, acquired control of COMASA, the most important steel marketer in the Peruvian market. Une Asesores Financieros and Philippi Prietocarrioza Ferrero DU & Uría led the transaction on the sellers' side, while LXG Capital and Payet, Rey, Cauvi & Pérez advised CASA. This operation is part of the USD 300mm expansion plan announced by HOUSE in 2017.