COMFER
SECTOR
Metallurgical
TARGET COMPANY
COMFER SA
INVESTORS
COMFER SA
SELLERS
Private Shareholders
SHARE SOLD
96 %
AÑO DE TRANSACCIÓN
2021
About the investor
Peruvian company with 30 years of experience, dedicated to the commercialization of products derived from steel, leader in the production and commercialization of nails, wires and steel meshes in Peru.
Transaction summary
Corporación Aceros Arequipa SA (CASA), the largest steel producer in Peru, acquired 96% of the shares of COMFER, a company dedicated to the marketing and production of metallurgical products. 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.
The transaction is part of the USD 300mm expansion plan, announced by CASA in 2017, and the strategy of entering the annealed wire and nail production market for the first time.