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DLA Piper Mexico and Martínez Beltrán represent Acon-Vitalis in cross-border loan
DLA Piper Mexico and Martínez Beltrán represent Acon-Vitalis in cross-border loan
The lending amounted to US$50 million
DLA Piper Mexico and DLA Piper Martínez Beltrán has represented Acon-Vitalis Investments on the financing granted by Banco BTG Pactual, Banco de Bogotá S.A., Banco de Occidente S.A. and Banco Santander de Negocios Colombia S.A. to several Vitalis companies for their working capital needs.
Acon-Vitalis is a leading manufacturer and wholesaler of generic injectable pharmaceuticals with production facilities in Colombia and Mexico. With a presence in over 20 countries, Acon-Vitalis intends to use the funds to expand its operations across the Latin American region.
The DLA Piper team was led by partners Sebastián Lora, Andrés González (Colombia), and partner Guillermo Aguayo and associate Federico Álvarez (Mexico). It included associates Carlos Guzmán, María Alejandra Bonilla, Isabela Ramírez, and Felipe Buitrago (Colombia), and Ricardo Mendoza (Mexico).
DLA Piper advises on all aspects of the life sciences sector, combining subject matter experience with considerable knowledge of the scientific, medical, regulatory, commercial and enforcement environments facing biopharmaceutical, medical device, research and diagnostics clients.
While recognizing that clients' needs vary, the firm rapidly organizes and customizes service teams, whether for a large pharmaceutical company, a mid-sized medical device client, or a development-stage biotech company.
The firm's Latin America team offers full-service business legal counsel to domestic and multinational companies with interests in and operations throughout the region. Its integrated approach to serving clients combines local knowledge with the resources of the DLA Piper global platform.
With over 400 lawyers practicing throughout Argentina, Brazil, Colombia, Chile, Mexico, Peru, and Puerto Rico, the teams of DLA Piper operate in the LatAm region, Iberian Peninsula, and around the globe. It ensures that clients receive the depth of service they require to meet their legal and business objectives.