Brown, Winick, Graves, Gross, Baskerville and Schoenebaum in Iowa and Carey in Santiago have helped conveyor belt manufacturer Precision, Pulley & Idler acquire Chilean counterpart Clark Ingeniería y Desarrollo in the US company's first venture outside of North America.
Bahamondez, Álvarez y Zegers Abogados in Santiago advised the target company for the deal, which closed on 1 December with no value disclosed. Precision hopes to use the acquisition as a springboard for further regional growth.
Counsel to Precision, Pulley & Idler
Brown, Winick, Graves, Gross, Baskerville and Schoenebaum
Partner Michael Blaser in Des Moines.
Carey
Partner Guillermo Acuña and associates Héctor Herrera, Manuel José Garcés, Gianfranco Raglianti and
Jaime Coutts in Santiago.
Counsel to Clark Ingeniería y Desarrollo
Bahamondez, Álvarez y Zegers Abogados
Partners Felipe Bahamondez and Marco Salgado, and associates Jorge Timmermann and Marco Salgado in
Santiago.
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