Barros & Errázuriz advised IG4 Capital on an agreement with Inversiones Gibraltar SpA to acquire 50% of Abastecedora del Comercio (Adelco), a food distribution company owned by the Paulmann Mast family.

The operation, which involves an investment of US$57 million, will allow IG4 Capital to contribute its expertise to the restructuring and modernization of Adelco’s business, which with a history of 45 years, is today the largest distributor of consumer products in Chile and also has a presence in Bolivia, Argentina, and Peru.