Akzo Nobel Coatings International B.V. reached an agreement to acquire Grupo Orbis S.A..
Posse Herrera Ruiz, José Alejandro Torres, Juan Guillermo Ruiz, Mariana Posse, Carolina Camacho, Jorge de los Ríos, Emilia Arango, Daniel Meza, Laura Aristizábal, Felipe Pardo, Adriana Cabal, Héctor Otálora, Sergio Salazar, Santiago Piedrahita, David Celis, Cristina Álvarez, Laura Torrado, María Paula Romero and Rafael Guerrero of Adriana Castro, Ronald Lachner, Uri Weinstock and Adriana Acuña of BLP Legal, and Martin Pallares, with Daniel Robalino and Daniel Peré of Robalino Law acted as legal counsel to the shareholders of Grupo Orbis S.A., while Andres Crump Natalia, Ponce de León and Juliana Gómez of Baker Mckenzie acted as legal advisor to AkzoNobel on the deal. BofA Securities acted as a financial advisor is the transaction. Bank of America acted as financial advisor to Grupo Orbis. Banco Santander acted as financial advisor to AkzoNobel