CorralRosales is proud to have acted as co-counsel to Grupo Aeroportuario del Sureste (ASUR), a major international airport operator, in the acquisition of 100% of the shares issued by Companhia de Participações em Concessões (CPC), a wholly owned subsidiary of Motiva S.A. The acquired portfolio, valued at approximately at US$2.1 billion, includes 20 airports located in Brazil, Costa Rica, Curaçao, and Ecuador.
Through the transaction, ASUR acquired a 46.5% equity stake in Corporación Quiport, the concessionaire of Quito’s international until 2041. The acquisition represents a landmark transaction in ASUR’s expansion across the Latin American and Caribbean region.
The transaction was led by Partner Xavier Rosales, together with Andrea Moya, Milton Carrera, and Rafael Serrano, Senior Associate Ana Samudio and Associates Sofía Rosales and Bernarda Muriel. Additional key contributors included Mario Fernández, Juan Fernando Riera, Darío Carrera, Victoria Beltrán, Ramón Paz y Miño, Erika Herrera, and Karolina Bolaños.
Our team supported a multi-jurisdictional due diligence and advised on all Ecuador-related legal matters, including corporate, finance, regulatory and concession regimens, labor, tax, environmental, compliance, commercial, data protection, competition and antitrust, and dispute resolution risks. We ensured a smooth transition between shareholders, safeguarding the continuity of operations at Aeropuerto Internacional Mariscal Sucre de Quito.
This transaction further strengthens CorralRosales’ position as a leading firm in the most significant transactions carried out in Ecuador. Our strategic vision and extensive M&A experience across diverse industries enable us to consistently secure favorable outcomes for our clients.