Falabella’s Acquisition of 10,4% stake in Tottus Supermarket

Carey advised Falabella on the transaction

Falabella executed the acquisition of 10,4% interest in Tottus Supermarket from the Leyton family.

Falabella is a Chilean department stores’ founded in 1889, belonging to the Falabella group. It currently has branches in Chile, Peru and Colombia.

Tottus currently has 71 shops in Chile, distributed in 9 regions.

Carey advised Falabella on the transaction with a team including Cristián Eyzaguirre (Picture), Giannina Veniú and Sofía Beckdorf.

Barros & Errázuriz advised Hipermercados Tottus with a team including Emilio Vásquez and associate María Paulina Eyzaguirre

Involved fees earner: Maria Paulina Eyzaguirre Ercilla – Barros & Errázuriz Abogados; Emilio Vásquez – Barros & Errázuriz Abogados; Sofía Beckdorf – Carey; Cristián Eyzaguirre – Carey; Giannina Veniu – Carey;

Law Firms: Barros & Errázuriz Abogados; Carey;

Clients: Falabella Retail S.A.; Hipermercados Tottus;

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Author: Ambrogio Visconti