BLP Advises on Sojitz’s Investment in VEINSA
BLP participated in the transaction through which Sojitz Corporation agreed to a potential investment in Vehículos Internacionales Veinsa S.A. (VEINSA), a wholly owned subsidiary of Age Motors. VEINSA is one of the leading vehicle distributors in Costa Rica, representing brands such as Geely, Mitsubishi, Peugeot, Citroën, Zeekr, and Mahindra, among others.
The transaction reflects Sojitz’s strategic interest in the automotive sector in Costa Rica, as well as VEINSA’s strong positioning as a key player in the local market.
As part of the process, BLP advised on the legal due diligence of VEINSA and its operating subsidiaries, as well as on the structuring, drafting, and negotiation of the main transaction documents, including the Share Subscription Agreement, the Shareholders’ Agreement, and related documentation.
The BLP team was led by partners Luis Castro, Elia Naranjo, and Adriana Castro, with support from senior associate Aurora Solís and associates Elena Foltran and Diego Quirós.
BLP Team
Luis M. Castro
Partner
Costa Rica
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Elia Naranjo
Partner
Costa Rica
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Adriana Castro
Partner
Costa Rica
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Aurora Solís
Senior Associate
Costa Rica
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Elena Foltran
Associate
Costa Rica
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Diego Quirós
Associate
Costa Rica
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