The transaction is one of several on which HSF has advised London-based vehicle distributor Inchcape, including a recent entry into the Caribbean.
August 10, 2022 at 02:19 PM
2 minute read
Latin America Correspondent
Herbert Smith Freehills has guided London-based vehicle distributor Inchcape’s £1.3 billion acquisition of Derco, the largest independent automotive distributor in Latin America, while White & Case advised the seller.
Derco is headquartered in Santiago, Chile, and is controlled by the Del Río family. The company sells vehicles by carmakers such as Suzuki, Mazda and Renault in Chile, Peru, Colombia and Bolivia.
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