Essity Group Holding launches takeover bid for 4.2% stake in Productos Familia

Cuatrecasas has advised Essity Group Holding B.V. on making a takeover bid for 4.2% of the common stock in Colombia-based LATAM multinational Productos Familia, S.A.

A transaction—approved by the Financial Superintendence of Colombia (SFC)—with which the Essity Group, as Productos Familia’s majority shareholder, intends to delist the company from the Colombian Stock Exchange and National Registry of Securities and Issuers (RNVE).

The Cuatrecasas team advising on the transaction was made up of lawyers Juan Felipe Vera, Pablo Martínez and Salomé Perea.