Ir a las Transacciones
Servicios de Construcción e Ingeniería | Private Equity

Iridium has sold the remaining 51% stake in Ruta del Canal to Penta Las Américas

Iridium Concesiones de Infraestructura S.A., a subsidiary of ACS Group, has sold its 51% stake in Sociedad Concesionaria Ruta del Canal S.A. to Penta Las Américas, which was its partner with the remaining 49% of the property, for US$142 million.

Ruta del Canal is a Chilean toll road, located in the X Region, which connects the cities of Puerto Montt and Pargua, access point to Chiloe Island. It has 57.7 km of dual carriageway, 4.2 km of simple roadway, 9 links, 29 bridges, 12 footbridges, 2 weighing stations and 4 toll plazas.

Founded in 1992 and based in Santiago, Chile, Penta Las Americas is a privately owned investment management company. The firm launches and manages equity mutual funds for its clients. It generally invests in public equity and real estate markets across the globe. Penta Las Americas creates value through its investments in several companies, focusing on the real estate and infrastructure concession industries, among others.

Iridium Concesiones de Infraestructura is the world leader in the production and development of infrastructures, managing a diversified portfolio of projects in the main geographic markets of the world. The company is owned by ACS Actividades de Construcción y Servicios. ACS Group is a worldwide reference in the construction and services activities.

Oaklins' team in Chile advised Iridium during the entire sale process, contacting with a large number of potential investors. It as a complex operation, given the intense activity of corporate transactions in the Chilean infrastructure market. The sale process was carried out simultaneously with the refinancing of the debt of Ruta del Canal, which meant that the financial advisor had to play a very active role in negotiating with the banks in order to adapt the conditions to the needs of the potential investors.

Partes

Contáctese con el equipo de la transacción

Raimundo Silva

Socio
Santiago, Chile
Oaklins LarrainVial

Transacciones relacionadas

OGD has been sold to Building Beyond Technology Group
Private Equity | TMT

OGD has been sold to Building Beyond Technology Group

Building Beyond Technology Group (BBTG) strengthens its position in the IT sector by welcoming OGD IT-Dienstverlening (OGD) to its platform. With over 1,400 employees, OGD is an established name in the Dutch market as a mission-critical IT service provider for large-scale clients. This addition not only increases BBTG’s scale but also enhances its domain expertise and execution capabilities through close cooperation with the other platform companies.

Aprenda más
E.Gruppe, a GIMV portfolio company, has acquired LET Gruppe from GFEP Family Equity
Private Equity | Energía | Maquinaria y Componentes Industriales

E.Gruppe, a GIMV portfolio company, has acquired LET Gruppe from GFEP Family Equity

LET Gruppe, a leading German provider of customized electrical infrastructure and energy system solutions, is set to become part of E.GRUPPE, a fast-growing industrial platform backed by European investment firm GIMV. The parties have signed a definitive agreement under which E.GRUPPE will acquire 100% of the shares in LET Gruppe from GFEP Family Equity, which has supported the company’s growth and strategic development in recent years. The transaction is subject to regulatory approvals.

Aprenda más
Crux Agribotics has been acquired by VDL
Private Equity | Agricultura | Maquinaria y Componentes Industriales

Crux Agribotics has been acquired by VDL

Crux Agribotics, a Dutch AgTech innovator with a 40-year heritage in computer vision, robotics, software development and high-tech engineering, has been acquired by VDL Groep, an international industrial family business. Through the acquisition of Crux Agribotics, VDL Groep further strengthens its position in foodtech, one of the growth markets for this family-owned industrial company.

Aprenda más