Hengeler Mueller and Simpson Thacher advise on Sonae Indústria deal

Hengeler Mueller and Simpson Thacher & Bartlett advised the Arauco group on the acquisition of a stake in the Spanish company Tableros de Fibras.


Under the terms of the deal – which Mergermarket said was valued at €138 million – Arauco acquired the stake from Portugal´s Sonae Indústria.

The deal is part of a “strategic partnership agreement” Sonae Indústria has entered into with Inversiones Arauco Internacional, Limitada, a company belonging to Arauco group.

A Sonae Indústria statement said: “This agreement envisages the creation of a 50/50 joint-venture involving the existing European and South African wood based panels and related operations of Sonae Indústria, namely all its production facilities of wood based panels, chemicals and paper impregnation.”

Ben Cook