Baker McKenzie and KPMG Abogados advise on the sale of Millasur

Millasur, a leading company in the sale and distribution of machinery, spare parts and accessories for forestry, agricultural and gardening use, has reached an agreement with Blaumar Capital and HCapital Partners whereby both companies jointly acquire a majority stake in Millasur with the aim of boosting the company’s growth and consolidating its positioning.

This transaction marks Blaumar Capital’s eighth acquisition since its founding in 2021 and already has a diversified portfolio spanning three verticals in the water channeling sector, PVC and aluminum window manufacturing and, more recently, precision parts manufacturing.

Baker McKenzie has advised Blaumar Capital with a team formed by Cristina Rios, partner of corporate M&A & PE and Alejandra Muñoz as associate, also from the corporate M&A & PE area.

KPMG has advised the former sole shareholder on the sale and will remain in the share capital, as a minority shareholder, and in the management of Millasur. The legal team has been formed by Rafael Aguilar, partner of commercial law and mergers & acquisitions, together with Alejandro Blázquez, senior director of commercial law and mergers & acquisitions, and Marina Molina, lawyer of commercial law and mergers & acquisitions.