Posse Herrera Ruiz
(The following information was supplied by the firm)
Managing Partner: Jaime Herrera
Senior Partners: Jaime Herrera, Daniel Posse, Mariana Posse, Juan Guillermo Ruiz, José Alejandro Torres, Álvaro José Rodríguez
Posse Herrera Ruiz is a full-service law firm that uses a systematic, multidisciplinary approach to find creative, prudent and value generating business solutions, which optimise the clients’ return on investment while minimising risks
The majority of Posse Herrera Ruiz clients are multinationals, foreign investors and some of the largest Colombian corporations.
Relevant transactions that Posse Herrera Ruiz has participated include Smurfit Kappa Group’s acquisition of the minority shares of Cartón de Colombia S.A.; Andean Cacao’s transfer to Andean Cacao AG. of a majority stake in Bacao S.A.S.; IFC’s Share Sale Agreement entered into with Alquería; Compañía de Seguros Bolívar S.A., Inversora Anagrama Inveranagrama S.A.S., Inversiones Financieras Bolívar S.A.S., Grupo Bolívar S.A., Seguros Comerciales Bolívar S.A. and Capitalizadora Bolívar S.A., as buyers, in the purchase of a minority participation of Banco Davivienda; Agrícola el Retiro, Agrícola Santamaría, CMA Terminals, C.I. Tropical, C.I. Unión de Bananeros de Urabá, PIO and Sociedad de Comercialización Internacional Banafrut’s investment agreement pursuant to which the parties will develop a multipurpose port terminal located in Bahía Colombia; Portland Private Equity’s acquisition of a stake in online grocery shopping platform Merqueo; Elis’ structuring of the purchase of the shares of Lavanderia Industrial Metropolitana S.A.S.; Saint-Gobain’s structuring of the joint venture with Tecnoglass; BTG PACTUAL and Inverlink’s structuring of the joint venture that will manage the real estate collective investment fund ‘BTG Pactual Rentas Inmobiliarias’; Grupo Aúna in Colombia’s acquisition of a 97.3% stake in Promotora Médica Las Americas; QBCo’s acquisition of certain assets and operations of Productos Pecolina Ltda.; Australis Partners Advisors’s acquisition of a 50% stake in Alianza Fiduciaria S.A. and Alianza Valores Comisionista de Bolsa S.A. and Bogotá Capital District and Grupo Energía Bogotá’s offer and sale of a 10.6% of the GEB shares owned by Bogotá Capital District; among others.
The firm also advises clients, included in the list below, in the following industries: agro – industry and forestry; automotive; chemicals; energy and renewables; financial services; food and beverages; health care and pharmaceutical; hospitality and entertainment; infrastructure; insurance; logistics and transportation; mining; oil and gas; retain and technology, media and telecommunications.
Spanish, English, French, Portuguese, German.
Adidas, ADM, Anglo Gold Ashanti, Aon, Axa, Alpina, Banco Davivienda, Bancolombia, Banmédica, BNP Pariba, BofA/ Merril Lynch, BTG Pactual, Casa Editorial El Tiempo, Cencosud, Cerromatoso/South32, Cemex, Citibank, Credit Suisse, Coca-cola Femsa, Compañía de Petróleos de Chile, ConocoPhillips, Corpbanca, ED & F Man/Carcafe, Darby, DHL, Diageo, Distribuidora Nissan, Dole, Dunnhumby, Ecopetrol, Embraer, Fujifilm, Fujitsu, GDF Suez, GE, IFC, Google Colombia Limitada, Grupo Argos S.A, Head Hunters International, Indra, JPMorgan, Jerónimo Martins Colombia S.A.S, Kramer electronics USA, Kimberly-Clark, Lukoil, Mead Johnson, Nabors, Pepsico, Nestle S.A, Porsche, Productos Ramo S.A, Quiñenco, Refinería de Cartagena Reficar, Repsol, Seguros Bolivar, Shell, Skanska, Scotiabank, Sony Colombia S.A, Schneider Electric Industries, Grupo de Inversiones Suramericana, Syngenta, Termotasajero, Terpel, Team Foods Colombia S.A, Toshiba Tec, Trafigura, Tyco, UPS, Unilever, Vale, Verizon and Yara.
Number of partners worldwide: 21
Number of lawyers worldwide: 130+
■ City Planning and Urbanism:
■ Dispute Resolution:
■ Finance & Capital Markets:
■ Infrastructure & Public:
■ International Trade:
■ Insurance & Reinsurance:
■ Intellectual Property:
■ Labour & Immigration:
■ Mergers & Acquisitions:
■ Natural Resources & Energy Law - Mining:
■ Real Estate, Urbanism & Agribusiness:
■ Tax Planning & International Commerce:
■ White-Collar Crime:
Capital Markets: Debt
IP: trademarks: Contentious
IP: Trademarks: Prosecution
Private Wealth Law
SAAM acquired a majority stake in Intertug’s business in Colombia, Central America and Mexico for US$50 million. The acquisition will take place by the means of share purchase and capital contributions. Intertug continues to hold its participation in the Brazilian business. DEAL VALUE: USD 50,000,000 CONFIDENTIAL Yes ☐ No ☒ STAKE: 70 % ANNOUNCEMENT/SIGNING DATE: […]
Posse Herrera Ruiz has advised BERGÉ INFRAESTRUCTURAS Y SERVICIOS LOGÍSTICOS S.L., a reference operator in logistic services and solutions and leader in the Spanish market, in a vehicle transportation and value-added logistics joint venture with TRANSPORTES VIGÍA S.A.S. in Colombia. DEAL VALUE: CONFIDENTIAL STAKE: 51% For confidential: ☒ Majority ☐ Minority CLOSING DATE: Thursday, January […]
The Colombian law firm Posse Herrera Ruiz advised Banco Davivienda in a negotiation with Rappi, the Latin American pioneer multivertical superapp, to set up a digital native financial institution that will operate in Colombia and within Rappi´s superapp as the next step in the strategic alliance between Banco Davivienda and Rappi. DEAL VALUE: USD 39.100.000 […]
Posse Herrera Ruiz acted as Colombian legal counsel to SNC – Lavalin Group Inc. in the sale of, among others, its Colombian and Peruvian operations. The deal to sell SNC-Lavalin’s Oil & Gas business to Kentech Corporate Holdings Inc. is a part of the Company’s strategy to reduce its risk profile and accelerate its ongoing […]
Posse Herrera Ruiz has advised the American REIT, Medical Properties Trust, Inc., in a joint acquisition with Steward Health Care, of the three outpatient clinics operated by National Clinics Colombia in the cities of Bogotá D.C. and Pereira. The acquisition will be made through MPT and Steward’s joint venture and will be financed entirely by […]
Sutherland Global Services Inc. for a value of USD535,000,000, on December 4th, 2020. Posse Herrera Ruiz acted as legal counsel to SGS Colombia Holding S.A.S., (acting as Guarantor), in the execution of certain collateral documents needed for the refinancing of Sutherland Global Services Inc. DEAL VALUE: USD$535,000,000 CLOSING DATE: […]
SANDVIK AB ACQUIRED 100% OF THE STAKE IN DSI UNDERGROUND HOLDINGS S.À.R.L. INLCUDING ITS COLOMBIAN SUBSIDIARY DSI UNDERGROUND COLOMBIA S.A.S. Posse Herrera Ruiz acted as local counsel to Norton Rose Fulbright LLP, legal counsels of SANDVIK AB (high-tech and global engineering Group), in the share acquisition of DSI Underground Holdings (the holding company of a […]
Posse Herrera Ruiz acted as Colombian legal counsel to Occidental Andina in the bidding process and subsequent sale of Oxy’s Colombian onshore E&P assets to The Carlyle Group. DEAL VALUE: USD 825 MILLION* CONFIDENTIAL Yes ☐ No ☒ STAKE:100 % ANNOUNCEMENT/SIGNING DATE: Thursday, October 01, 2020 CLOSING DATE: Subject to regulatory approvals. Cross-border matter […]
Posse Herrera Ruiz acted as Colombian legal counsel to Agnico Eagle Mines Limited, a Canadian gold mining company, in a joint venture with Newmont Corporation for the exploration of the Anzá gold project in Colombia. DEAL VALUE: ABOVE 5 MILLION CLOSING DATE: Tuesday, September 29, 2020 Cross-border matter Canada, Colombia. […]
Inversiones MCN S.A.S., a Colombian real estate company for Latin America, raised USD$10 million in Series A funding by Inspired Capital. Posse Herrera Ruiz acted as local counsel for Inspired Capital. Signing Date: Friday, July 31, 3020 Cross-border matter: United States and Colombia Legal Advisers: Counsel to Inspired Capital Partners I LP Posse Herrera Ruiz Leading Partner(s) Jaime Cubillos Other Lawyers Isabel Torres Alejandro Fernandez Cooley LLP Leading Partner(s) […]
Puerto Antioquia Holding S.A.S. and Global Infrastructure Partners Capital Solutions Funds I and II enter into a US$110 million secured holding company term loan agreement for the financing of Puerto Antioquia, a multipurpose terminal located in the municipality of Turbo, in the region of Urabá, Colombia, and which will be dedicated to containers, general cargo, […]