NHG Advises FIBRAeMX on Strategic Acquisition and Follow-On Issuance
NHG Advises FIBRAeMX on Strategic Acquisition and Follow-On Issuance
NHG advised FIBRAeMX on the acquisition of a significant stake in Grupo Autopistas Nacionales (GANA), a Mexican concessionaire of the Amozoc-Perote toll road which connects Mexico City with the Port of Veracruz. This strategic transaction involved the acquisition of shares from Aleatica and Invex, marking a major milestone in FIBRAeMX’s portfolio expansion.
The transaction, valued at MXN 5,200 million, was funded through a combination of cash on hand, bank funds and it proceeds at a follow-on issuance by FibraeMX, and which NHG also advised.
Regulatory Approvals: Assisting FIBRAeMX with filings to secure approvals from the Federal Antitrust Agency (COFECE) and the Ministry of Infrastructure, Communications, and Transportations (SICT).
Transaction Structure: Structuring a deal that included an exchange of Invex’s shares in GANA for CBFEs issued in the follow-on issuance, while Aleatica’s shares were acquired with cash.
Shareholders Agreement: Advising on the negotiation and execution of a shareholders agreement between FIBRAeMX and the existing shareholders of GANA.
This high-profile transaction underscores NHG’s expertise in handling complex deals in the infrastructure and financial sectors.
NHG’s Legal Team
The transaction was led by partners Gunter Schwandt, Adalberto Valadez, Alejandro Rojas, Alejandro Mendiola, and Jenny Ferrón. They were supported by Of Counsel Gabriel González and a dedicated team of associates, including Fernando Castillo, David Arguedas, Alfonso Díaz, Diana Torres, Bibiana Barrera, Luis Felipe Santana, Mario Herrera and Regina Ortega.