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Greenberg Traurig Mexico Advises Grupo Unigel on Plastiglas de México Sale

MEXICO CITY – Sept. 4, 2024 - Attorneys from Global Law Firm Greenberg Traurig, S.C.’s Mexico City Office represented Grupo Unigel as lead counsel in the sale of 100% of the shares of Plastiglas de México, a leader in the acrylic sheet market in Mexico, the United States, and Canada.

Founded in 1966, Grupo Unigel is a leading Brazilian chemical and petrochemical company specializing in the production of acrylics, styrenes, fertilizers, and thermoplastic resins. Its products are used in a diverse range of sectors, including automotive, construction, agro-industrial, and consumer goods.

The transaction was finalized with Grupo Verzatec acquiring the shares of Plastiglas de México. The sale, represents a significant milestone in the petrochemical and acrylic products sector, consolidating Grupo Verzatec's strategic position in the region.

Greenberg Traurig Shareholder Fernando Orrantia Dworak led the team, which included Shareholders in the firm’s New York office's Mergers & Acquisitions Practice Adam S. Namoury and Jae Woo Park and Labor Shareholder Leslie Palma and Antitrust Shareholder Miguel Flores Bernés in Mexico City. Associates Susana Doen Castillo and Valery Dayne García Zavala also participated in the matter.