Partners Ricardo Madrona and Alice Dourado, with lawyers Pedro Porcaro, Juliana Rodrigues, and Marília Sampaio, advised the founding shareholders of Reframax Engenharia on the sale of a 60% stake to the Japanese group Shinagawa, in a transaction valued at BRL 600 million.
The deal includes structured put options for the sale of the remaining equity and is subject to antitrust approval by CADE. The transaction was featured by TTR as one of the key cross-border industrial deals in Q1 2025.
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