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Acquisition of 50% of the shares of the Paraguayan company Barcos y Rodados

By BKM | Berkemeyer - 11/08/2022

The National Competition Commission (CONACOM) authorized, by way of Resolution D/AL No. 49/2022 dated July 18, 2022, the economic concentration operation consisting of the acquisition of 50% of the shares of the Paraguayan company Barcos y Rodados S.A. by Raízen S.A. (a joint venture between the Brazilian Cosan Group and Royal Dutch Shell).

Partner Carla Sosa Martinez and senior associate Alvaro Rojas led the advice to Raízen S.A. in the notification of the Concentration Operation before CONACOM.

Raízen is an integrated energy company that produces and markets ethanol, sugar, fuels and bioenergy. Raízen is present in Brazil since 2011 and in Argentina since 2018. Barcos y Rodados S.A. is a company with more than 30 years of experience in the hydrocarbon market in Paraguay.

With the approval of the transaction, Shell returns to the country after a 15-year hiatus.

By BKM | Berkemeyer - 11/08/2022
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BKM | Berkemeyer

Established in 1951, BKM | Berkemeyer provides expert legal services to local and foreign clients in Paraguay, gaining a global reputation for quality, expertise and professionalism.

BKM | Berkemeyer prides itself on the ability to meet clients’ needs directly, providing professional and practical advice of the highest quality through team-work and collaboration to render services in a thorough manner.

Lawyers in the firm are multilingual, speaking Spanish, English, German, French, Portuguese, Italian and Japanese, which facilitates efficient and expeditious communication.