Sneak Preview: Mergers & Acquisitions in Mining Tech with Ivan Gustavino
In this sneak preview, Ax Legal’s Managing Partner Cody McFarlane speaks with Ivan Gustavino, Managing Director at Atrico, who has advised over 100 high-growth companies in mining, industrial tech, and software. With M&A activity heating up, Ivan breaks down what investors and buyers really look for in mining technology companies today.
Hot Chili is one of the junior mining companies that has been the most successful in Chile over the past 5 years. The company’s exploration success has continued throughout the pandemic in 2020 and 2021.
It was previously time consuming and complicated to incorporate a company, particularly for foreign companies that were looking to enter the market. This changed in 2017 when a new corporate vehicle was introduced known in Spanish as Sociedad por Acciones Simplificada (“SAS”).
The USD$1.5b Santiago-Melipilla train project was announced last week. This project will increase ridership by 50 million per year and is part of a larger USD$5 billion “Chile on Rails” investment program.
The most common risk to companies operating in Latin America is related to employment laws and obligations. This week we will provide information on the mandatory leave that employees are entitled to as per Chilean Labour Laws.
Codelco has broken ground at the $1.4 billion expansion of the Salvador copper mine, which will extend the productive life of the aging operation by 47 years and increase output by almost 50%
Foreign companies operating in international markets need to be aware of how to manage the risk of corruption within their subsidiaries. This is particularly true in Latin America where operations can be far from the head office meaning local staff are often working with limited oversight.