Latham & Watkins Advises Softys on Acquisition of Ontex’s Brazilian Business

Softys, a personal hygiene company with operations across Latin America and a wholly owned subsidiary of Empresas CMPC S.A., headquartered in Chile, announced it has entered into an agreement for the acquisition of the Brazilian business activities which develops, manufactures, commercializes, and distributes diapers and pants for the baby care market from Ontex Group NV.

The firm previously represented Softys’ in its acquisition of Ontex’s operations in Mexico.

Latham & Watkins LLP represents Softys in the transaction with a corporate deal team led by New York partner Tony Del Pino, with associate Francisco Lanusse. Advice was also provided on tax matters by Chicago partner Rene de Vera, with associate Valerie Silva Parra; and on intellectual property matters by New York partner Jeffrey Tochner, with associate Sebastian Moss.