GC acted as counsel to Mexico’s Grupo Alfar

Gonzalez Calvillo, December 15th, 2023 – GC acted as counsel to Mexico’s Grupo Alfar, owner of more than 250 clothing and apparel retail stores, including Cuidado con el Perro, Malayerba Optima and Almacenes Garcia, in the multi-million dollar acquisition of C&A’s Mexican operations from COFRA Holding AG. C&A’s business includes a strategic alliance with Bradesco, which allows the issuance of consumer loans and credit cards.

C&A owns and operates 80 retail outlets in Mexico, with most of these stores located within shopping malls throughout the country, including Baja California, Puebla, and the State of Mexico.

The transaction further required the negotiation and execution of an acquisition financing facility by a syndicate of 3 leading banks in Mexico.

Finally, our team assisted in obtaining the favorable and unconditional approval of the Mexican Federal Antitrust Commission.

Led by Partner Jorge Cervantes Trejo and Senior Associate Jerónimo R. from our M&A practice, supported by Antitrust Partner Cristina Massa and counsel Patricio Martinez Osorio, with invaluable input from Intellectual Property Partner Alberto Pliego Beguerisse. Additionally, our Corporate Finance counsel Antonio De Lisi, accompanied by associates Gabriela M. and José Alfonso Fernández Casares, played a vital role in this transaction.

NOTE TO EDITORS

For almost four decades, González Calvillo has challenged the standards and rewritten the full-service firm model with a solution-oriented approach, evolving the practice of law in Mexico. Our firm is driven by the commitment to doing things differently, having a deep knowledge of the Mexican legal ecosystem, and our behaviour and interaction with today’s globalised business environment. That is how over 150 people between partners, counsel, associates, and other business professionals are responsible for making González Calvillo one of Mexico’s leading law firms. Our firm’s services are designed to help clients solve their most complex and challenging legal issues, finding the best solution for each case. By understanding clients’ business culture and strategy, González Calvillo establishes a close and strategic alliance that enables them to achieve more. For more information, please visit www.gcsc.com.mx.