IFLR1000

Atmosfera acquisition of Lavebras Gestão de Têxteis

5/1/2017
Private acquisition
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R$ 1.3 billion

Completed

5/1/2017

Overview:

  • Atmosfera Gestão e Higienização de Têxteis, a Brazilian subsidiary of Elis, a leading laundry group, has acquired laundry group Lavebras Gestão de Têxteis from the shareholders Ricardo Faria, Gilmar Cadore and Fundo de Investimento em Participações Genoma I. 
  • Eurolatina acted as financial adviser to Elis.

Rani Mehta - Journalist 

Jurisdictions:

Brazil
France

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Consumer goods and services

Firms:
Stocche Forbes Advogados

Party: Lavabras (Target)

TozziniFreire Advogados

Party: Elis Group (Acquirer)

Lawyer: João Busin

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