B&E assisted Fiordo Austral, a leading provider of solutions and services to the salmon farming industry, in the sale of 35% of Oxzo S.A. to Fondo de Inversión Scuba, an investment vehicle of the private equity arm of Altis, a Chilean financial services conglomerate. Oxzo S.A. is a provider of on-site oxygenation services for salmon farming industry. With clients in Chile, Norway and Canada, Oxzo’s patented and cutting-edge technology allows the same to provide on-site standalone oxygenation services to salmon farm sites, improving productivity and health conditions of salmon farms.

Our firm assisted the client throughout the M&A process, including preparation of preliminary documents for different bidders and later leading the negotiation of the share purchase agreement and a shareholders agreement. A team of our financing department also assisted Oxzo S.A. in securing a pre-closing syndicated loan with DNB Bank and a syndicate of lenders.

In this regard, we invite you to read the publication of Latin Lawyer; Lex Latin; The Latin American Lawyer.