Dentons Cardenas & Cardenas is proud to announce its role advising the significant expansion of the Wietersdorfer Group in Latin America. The firm advised on this important cross-border acquisition of O-tek Internacional, a specialist in GRP pipes with production facilities in Colombia, Mexico, and Argentina. This transaction represents a significant milestone for both parties, marking the successful entry of the Wietersdorfer Group in the Latin American markets.

Dentons Cardenas & Cardenas played a crucial role in designing and executing this complex transaction, providing comprehensive guidance from conceptualization to drafting and negotiation of agreements. The firm has worked diligently to ensure that all legal and contractual aspects were in place for a successful conclusion the acquisition.

On this achievement, Dr. Daniel Schützenauer, Vice President of Legal, Compliance, and Human Resources at Hobas Pipe, has shown outstanding leadership in directing and collaborating with his legal team in the acquisition of O-tek Internacional. This strategic transaction has also been made possible thanks to his dedication and expertise.

In addition to that, the transaction involved the participation of Dentons offices in Mexico and Argentina, which played a fundamental role in the success of this transaction. This cross-border collaboration reflects Dentons' ability to provide high-quality legal advice in multiple jurisdictions, facilitating a smooth and efficient execution.

Mauricio Borrero, Lead Partner of the transaction at Dentons Cardenas & Cardenas, shared his thoughts on the acquisition:

"We are delighted to have been part of this significant expansion of the Wietersdorfer Group in Latin America. This acquisition not only strengthens our client's positioning in new markets but also reinforces our position as leading legal advisors in cross-border transactions."

The acquisition of O-tek Internacional allows the Wietersdorfer Group to strengthen its presence in the region, expanding its reach beyond Europe. The operation also highlights the importance of having legal strategic partners like Dentons Cardenas & Cardenas to guide companies in their international expansion, ensuring regulatory compliance and legal certainty in a global business environment.

Among the lawyers from Dentons Cardenas & Cardenas who participated in this transaction are Mauricio Borrero, lead partner; Santiago Miramón, Director of Corporate Law and M&A practice; Maria Paula Macias, associate; Mariana Moncada, associate. On the other hand, within the Dentons López Velarde team are: Amanda Valdez, partner; Alberto Esenaro, senior associate; Imanol Ramírez, senior associate.

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