GAM acquires 60% stake in Mexican company OZMAQ and strengthens position in industrial sector

2023-10-06T11:26:00
Mexico

Cuatrecasas advises GAM Alquiler Mexico on acquiring a 60% stake in OZMAQ in Mexico City

GAM acquires 60% stake in Mexican company OZMAQ and strengthens position in industrial sector
October 6, 2023
Cuatrecasas has advised GAM Alquiler Mexico, S.A. de C.V., on acquiring a 60% stake in the Mexican rental and sales company OZMAQ, S.A. de C.V., with an option to purchase the remaining 40%.

This strategic partnership with OZMAQ will strengthen GAM’S position in the Mexican industrial sector, enabling the multinational machinery-related solutions company to consolidate its position in the market. This is a significant step in GAM’s expansion in Mexico, where it has been present since 2008. The acquisition leads to GAM extending its presence to Mexico’s El Bajío region—where the purchased family business was founded in 1983—and thus significantly increasing its business volume.

The Cuatrecasas Corporate and M&A team in Mexico advising on this acquisition was led by lawyers Santiago Ferrer, Jerónimo Rico, Emilio Ruvalcaba and Ivana Muñiz.

October 6, 2023