Mirgor’s Acquisition of Brightstar’s Local Assets

Mirgor's Acquisition of Brightstar's Local Assets

Cueto Rua, Saavedra Mercau & Biritos represented Mirgor, while Beccar Varela represented Brightstar Corp. in the transaction.

Mirgor executed the acquisition of the local assets of the US company Brightstar, manufacturer of LG and Samsung cell phones. With this important acquisition, Argentine company Mirgor, a leader in the cellular phone production sector, will control 100% of Brightstar Argentina S.A. and Brightstar Fueguina S.A.

The Mirgor Group will assume the operation of the acquired companies, which will continue to develop their activities, thereby protecting the jobs that the industry generates on the island of Tierra del Fuego. This acquisition will allow Mirgor to consolidate its position as one of the main cell phone manufacturers in the country.

The Mirgor Group, founded more than 35 years ago, covers various sectors of the Argentine industry: auto parts and consumer electronics products manufacturing, technology & innovation, agriculture, retail, distribution, and logistics. It employs more than 2300 people.

Brightstar Corp. is a private US corporation founded in 1997. It provides specialized global wireless distribution services, serving mobile device manufacturers, mobile operators, and retailers. It offers devices and accessories distribution, supply chains, protection and insurance of cell phones, among other services within the wireless telecommunications industry. It employs more than 4000 people.

Cueto Rua, Saavedra Mercau & Biritos advised Mirgor with a team led by partner Andrés Mercau Saavedra (Picture), with collaboration of partner Gerardo Biritos and participation of associates Gastón Malvarez, Candelaria Mackinnon and Magdalena Dopazo.

Beccar Varela advised Brightstar with a team led by partner Tomás Allende, in collaboration with partners Alvaro J. Galli and Santiago L. Montezanti, and associates Lucía Guardone, Paula Casaux Alsina and Marina Heinrich.

In-house counsel for Brightstar were Catherine Smith, Valeria Lieste and Laureano Montero.

Involved fees earner: Tomas Allende – Beccar Varela; Paula Casaux Alsina – Beccar Varela; Alvaro Galli – Beccar Varela; Lucía Guardone – Beccar Varela; Marina Heinrich – Beccar Varela; Santiago Montezanti – Beccar Varela; Gerardo Biritos – Cueto Rua, Mercau Saavedra & Biritos; Magdalena Dopazo – Cueto Rua, Mercau Saavedra & Biritos; Candelaria Mackinnon – Cueto Rua, Mercau Saavedra & Biritos; Gastón Emiliano Malvarez – Cueto Rua, Mercau Saavedra & Biritos; Andrés Mercau Saavedra – Cueto Rua, Mercau Saavedra & Biritos;

Law Firms: Beccar Varela; Cueto Rua, Mercau Saavedra & Biritos;

Clients: Brightstar Corp.; Mirgor;

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Author: Ambrogio Visconti.