DLA Piper in Mexico and Colombia represents Acon-Vitalis in US$50 million cross-border loan
DLA Piper Mexico and DLA Piper Martínez Beltrán represented Acon-Vitalis Investments LLC on the financing granted by Banco BTG Pactual, Banco de Bogotá S.A., Banco de Occidente S.A. and Banco Santander de Negocios Colombia S.A. to several Vitalis companies, to finance working capital needs for US$50 million.
Acon-Vitalis is a leading manufacturer and wholesaler of generic injectable pharmaceuticals with production facilities in Colombia and Mexico. With a presence in over 20 countries, Acon-Vitalis will use the funds to expand its operations across the Latin American region.
The DLA Piper team representing Acon-Vitalis was led by partners Sebastián Lora, Andrés González (both in Colombia), partner Guillermo Aguayo and associate Federico Álvarez (both in Mexico); and it included associates Carlos Guzmán, María Alejandra Bonilla, Isabela Ramírez and Felipe Buitrago (all in Colombia), and Ricardo Mendoza (in Mexico).
DLA Piper advises on all aspects of the life sciences sector, combining subject matter experience with considerable knowledge of the scientific, medical, regulatory, commercial and enforcement environments facing biopharmaceutical, medical device, research and diagnostics clients. Recognizing that clients’ needs vary, the firm rapidly organizes and customizes client service teams, whether for a large pharmaceutical company, a mid-sized medical device client or a development-stage biotech company.
DLA Piper Latin America's Team offers full-service business legal counsel to domestic and multinational companies with interests in and operations throughout the region. Our integrated approach to serving clients combines local knowledge with the resources of the DLA Piper global platform. With over 400 lawyers practicing throughout Argentina, Brazil, Colombia, Chile, Mexico, Peru, and Puerto Rico, our teams frequently work with our professionals throughout the LatAm region, Iberian Peninsula, and around the globe to ensure our clients receive the depth of service they require to meet their legal and business objectives.