Deals

Advised Mercantil Holding Financiero Internacional, S.A. and Mercantil Capital S.A., in the closing of the acquisition of Capital Bank, Inc. According to the official statement issued by the bank, with this transaction, the combined entity will become a bank with almost US$3,000 million in assets and US$265 million in net worth, positioning itself as one of the leading private banks with Panamanian capital in terms of assets.

Advised Continental Grain Company (C.G.C.), a privately-owned global company in the food and agribusiness sector, in an investment in Multifoods, a leading Peru-based contract-manufacturing firm engaged in producing food and beverage products.

Advised in the reacquisition and purchase of the majority stake of Supermercados Xtra, S.A., one of the largest retail store operators with more than 30 years of serving locally.

Advised Farmalisto in the purchase of 100% of the Mexican pharmacy GoFarma. With this acquisition, the company advances its expansion process in the Mexican market and Latin America. Currently, Farmalisto has a presence in Colombia, Chile, Peru, and Mexico. In this country, it arrived in 2014, where it has established itself as one of the most important players in the pharmaceutical market.

Advised the shareholders of the companies Galores Refrigerados S.A., Galores Logística S.A., and Avner Perry Investments, S.A. (the “Galores Group”), in connection with the sale of Galores Group to Emergent Cold Latin America (“Emergent LatAm”), Latin America’s newest temperature-controlled warehousing and logistics provider. Galores Group is the largest 3PL cold storage facility in Central America and the Caribbean.

Organigram

Team Services

Morgan & Morgan has a large team of experienced partners and associates with complementary skills assisting local and foreign clients with commercial, corporate, and regulatory matters when doing business in Panama. Our client’s portfolio includes companies and corporations from banking, real estate, telecommunications, manufacturing, retail, insurance, energy, technology, media, entertainment, food and beverages, automotive, pharmaceutical, education, private investors, logistics, mining and metals, among others.