Shareate’s US$42 million acquisition of Drillco Tools
Latin America counsel to Shareate, a company listed on the Shanghai STAR Market, on its acquisition, through its Australian subsidiary, of 100% of Chilean rock-drilling tool maker Drillco Tools S.A. for US$42 million in cash (signed December 2024). We conducted due diligence in Chile, Peru and Brazil, designed the deal structure and negotiated the transaction documents. The deal was reported by LexLatin.
Read the LexLatin report- Value
- US$42 million
- Target
- 100% of Drillco Tools S.A.
- Signed
- December 2024
- Jurisdictions
- Chile, Peru, Brazil
- Our role
- Latin America counsel to the buyer