Pérez-Llorca’s Colombia and Mexico offices advised Clear Ocean Investments S.A. on the signing of the sale agreement of its remaining 30% equity interests in three companies operating under the Intertug/SAAM Towage platform: SAAM Towage Colombia S.A.S., Intertug México S.A. de C.V., and Barú México S.A. de C.V. The transaction results in SAAM achieving full ownership of these businesses in Colombia and Mexico.
The divestment follows SAAM’s prior acquisition of a 70% stake completed in 2021 and aligns with the exercise of options agreed at that time.
Pérez-Llorca’s cross-border team provided comprehensive counsel to Clear Ocean Investments S.A. on all aspects of the sale, including the exercise mechanics under the existing shareholders’ arrangements, multi-jurisdictional regulatory considerations, and transactional documentation across Colombia and Mexico’s legal frameworks. The firm’s integrated presence in both jurisdictions ensured coordinated execution for a complex, multi-entity carve-out in the maritime services sector.
Colombia’s Team:
Natalia García – Partner Mergers and Acquisitions
Álvaro Rueda – Senior Associate Mergers and Acquisitions
Juan Manuel Ronderos – Associate Mergers and Acquisitions
Mexico’s Team:
José Ignacio Rivero – Partner Mergers and Acquisitions
Valeria Camacho – Associate Mergers and Acquisitions