Tanoira Cassagne advises Allaria Ledesma and Morgan, García Mansilla and its shareholders, on the purchase by Allaria Ledesma of the controlling stake of Morgan, García Mansilla.
On February 24th, 2021, Allaria Ledesma & Cía. S.A. (“Allaria Ledesma”) purchased 50,33% of Morgan, García Mansilla y Cía. S.A. (“Morgan, García Mansilla”) ‘s capital stock.
Allaria Ledesma is a recognized exponent of the local financial market, which in recent years has undergone a continuous expansion process. Morgan, García Mansilla is a reference company in the agribusiness sector. Morgan, García Mansilla’s main activity is to provide services as a grain broker.
Allaria Ledesma had decided to set foot in the agribusiness sector and in order to strengthen its market position, acquired the majority shareholding of Morgan, García Mansilla. Thus, through the acquisition, Allaria Ledesma becomes a relevant player in the commercialization of the main agricultural products and increases its client portfolio.
Tanoira Cassagne Abogados acted as counsel of Allaria Ledesma through the team led by Partners Alexia Rosenthal and Santiago J. Monti and Associate Humberto Linares Dellepiane, and as counsel of Morgan, García Mansilla and its shareholders, through the team led by Partners Leopoldo E. García-Mansilla and Rafael J. Algorta, and Associates Francisco Uriburu Pizarro and Clara Arias.