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Mergers & Acquisitions

We have a team of highly qualified and experienced lawyers in the area of Mergers & Acquisitions, who have been globally recognized for their advice and participation in relevant transactions in the Panamanian and international market. Our extensive track record, availability, high quality standards, and strong market reputation allow us to be the trusted advisors of multinational companies, family groups, foreign and Panamanian private equity firms, multilatin and international companies from a wide range of productive sectors, especially:

  • Banking & Finance.
  • Automotive
  • Insurance and reinsurance.
  • Logistics.
  • Cheers
  • telecommunications
  • Real estate developers.
  • Tourism & hospitality.
  • Retail sales.
  • Energy.
  • Pharmaceutical.
  • Energy & Hydrocarbons.

Likewise, our multidisciplinary approach allows us to handle all legal aspects of the transaction, including the negotiation and preparation of purchase and sale agreements, shareholder agreements, and corporate reorganizations, as well as operational issues following the closing of the transaction.

With high attention to detail, expedited response times, a high sense of responsibility, transparency, and commercial sensitivity, we deliver value to our clients through the following:

  • Agile responsiveness.
  • We are business-oriented, which allows us to anticipate customer needs.
  • We mitigate risks and propose alternatives to manage them.
  • We offer opinions and solutions with a creative, reasonable, and practical approach.

Acknowledgments

  • Recognized in Band 1 by the prestigious British directory Chambers and Partners in its Latin America Guide.
  • «Alfaro, Ferrer & Ramírez is my favorite firm to work with in Panama. They have a lot of manpower and are my go-to firm if we need to get something done quickly. Client for Chambers and Partners, Latin America 2024.
  • «The team has a very practical knowledge of legal issues, which allows them to advise their clients in a proactive way that benefits their commercial objectives. Client for Chambers and Partners, Latin America 2024.
  • Recognized in Tier 2 by the prestigious British directory The Legal 500.
  • one of the best teams of lawyers on the market”, Alfaro, Ferrer & Ramírez’s “dynamic, agile and successful” corporate group has experienced strong recent activity on the M&A front, advising on major transactions in the banking, energy, aviation and retail sectors, including multijurisdictional transactions. The Legal 500 Editorial, Latin America 2024.
  • “In my experience, AFRA's lawyers not only have a great deal of knowledge and experience, but they also have the best attitude and willingness to help clients. They have always been very efficient and precise in their responses and advice. They are lawyers who seek to help resolve matters as quickly and effectively as possible, always complying with the law. Client for The Legal 500, Latin America 2024.
  • “We have worked with several different people in the department and all of them are very solid attorneys and business advisors. They provide outcome-oriented advice, not just legal advice. We have dealt with several unusual matters and they suggested creative solutions in every situation. Client for The Legal 500, Latin America 2024.
  • “The team is very dynamic, fast, and successful. They suggest very practical solutions to any problem. Client for The Legal 500, Latin America 2024.
  • “I believe this firm has one of the best legal teams in the market. In my experience, they have provided me with personalized service that demonstrates a deep knowledge of the subject and they do so in an expeditious and precise manner. Client for The Legal 500, Latin America 2024.
  • «The team provides excellent service, always aiming to look out for the customer's best interests. Their attitude is always super professional. They are very friendly and always well-disposed toward us. Client for The Legal 500, Latin America 2024.

Featured Transactions

  • We advised Experian on the acquisition of 70% of the shares of APC Buró, the leading credit rating and reporting agency in Panama.
  • We advised Global Bank Corporation on the purchase of 99.97% of the issued shares of Banco Panameño de la Vivienda, S.A. (Banvivienda) for approximately US$250,000,000.
  • We advised Banco Aliado, S.A. on the purchase of 1,00% shares of Banco Panamá, S.A., for an approximate amount of US$225,000,000.00.
  • We advised Southern Cross on the acquisition and subsequent sale of a majority stake in Supermercados Xtra, S.A., one of the largest supermarket chains in Panama.
  • We advised Polaris Infrastructure Inc., a Toronto-based company, on the acquisition of 100% of two ready-to-build solar power plants in Aguadulce (Coclé), Panama.
  • We advised Kingsland and Avianca in an M&A process through which Avianca acquired all outstanding shares of Viva Latinoamerica S.A., the parent company of the low-cost airline Viva Air, a regional airline headquartered in Colombia that operates domestic and international commercial routes in Latin America and the United States.
  • We advised Redwood Capital Investments LLC on the acquisition of the occupational portion of the VF Corporation Work segment, which includes the following brands: Red Kap, VF Solutions, Bulwark, Workrite, Walls, Terra, Kodiak, Labor Authority, and Horace Small.
  •  We advise on the merger of Grand Hyatt (Hyatt Corporation and SLI Group) in São Paulo, Brazil.

Team

Partner

Alejandro Enrique Alemán Ferrari

Partner

Juan Antonio Alfaro H.

Partner

Roberto F. Harrington A.

Partner

Ricardo A. Moreno C.

Partner

Alfredo Ramírez Jr.

Partner

Alfredo Ramírez Pabón

Associate

Daniela Meana Alfaro

Associate

Ana Cristina Negrón C.

Alfaro, Ferrer & Ramirez | Providing legal services

Associate

Roberto Eduardo Arosemena Savaraín

Alfaro, Ferrer & Ramirez | Providing legal services

Associate

Santiago Mesa García

Acknowledgments

  • Recognized in Band 1 by the prestigious British directory Chambers and Partners in its Latin America Guide.
  • «Alfaro, Ferrer & Ramírez is my favorite firm to work with in Panama. They have a lot of manpower and are my go-to firm if we need to get something done quickly. Client for Chambers and Partners, Latin America 2024.
  • «The team has a very practical knowledge of legal issues, which allows them to advise their clients in a proactive way that benefits their commercial objectives. Client for Chambers and Partners, Latin America 2024.
  • Recognized in Tier 2 by the prestigious British directory The Legal 500.
  • one of the best teams of lawyers on the market”, Alfaro, Ferrer & Ramírez’s “dynamic, agile and successful” corporate group has experienced strong recent activity on the M&A front, advising on major transactions in the banking, energy, aviation and retail sectors, including multijurisdictional transactions. The Legal 500 Editorial, Latin America 2024.
  • “In my experience, AFRA's lawyers not only have a great deal of knowledge and experience, but they also have the best attitude and willingness to help clients. They have always been very efficient and precise in their responses and advice. They are lawyers who seek to help resolve matters as quickly and effectively as possible, always complying with the law. Client for The Legal 500, Latin America 2024.
  • “We have worked with several different people in the department and all of them are very solid attorneys and business advisors. They provide outcome-oriented advice, not just legal advice. We have dealt with several unusual matters and they suggested creative solutions in every situation. Client for The Legal 500, Latin America 2024.
  • “The team is very dynamic, fast, and successful. They suggest very practical solutions to any problem. Client for The Legal 500, Latin America 2024.
  • “I believe this firm has one of the best legal teams in the market. In my experience, they have provided me with personalized service that demonstrates a deep knowledge of the subject and they do so in an expeditious and precise manner. Client for The Legal 500, Latin America 2024.
  • «The team provides excellent service, always aiming to look out for the customer's best interests. Their attitude is always super professional. They are very friendly and always well-disposed toward us. Client for The Legal 500, Latin America 2024.

Featured Transactions

  • We advised Experian on the acquisition of 70% of the shares of APC Buró, the leading credit rating and reporting agency in Panama.
  • We advised Global Bank Corporation on the purchase of 99.97% of the issued shares of Banco Panameño de la Vivienda, S.A. (Banvivienda) for approximately US$250,000,000.
  • We advised Banco Aliado, S.A. on the purchase of 1,00% shares of Banco Panamá, S.A., for an approximate amount of US$225,000,000.00.
  • We advised Southern Cross on the acquisition and subsequent sale of a majority stake in Supermercados Xtra, S.A., one of the largest supermarket chains in Panama.
  • We advised Polaris Infrastructure Inc., a Toronto-based company, on the acquisition of 100% of two ready-to-build solar power plants in Aguadulce (Coclé), Panama.
  • We advised Kingsland and Avianca in an M&A process through which Avianca acquired all outstanding shares of Viva Latinoamerica S.A., the parent company of the low-cost airline Viva Air, a regional airline headquartered in Colombia that operates domestic and international commercial routes in Latin America and the United States.
  • We advised Redwood Capital Investments LLC on the acquisition of the occupational portion of the VF Corporation Work segment, which includes the following brands: Red Kap, VF Solutions, Bulwark, Workrite, Walls, Terra, Kodiak, Labor Authority, and Horace Small.
  •  We advise on the merger of Grand Hyatt (Hyatt Corporation and SLI Group) in São Paulo, Brazil.