Baker Botts Represents Fluor Corporation in Sale of AMECO South America
Deal Description: Fluor Corporation (NYSE: FLR) announced today that the company sold its AMECO South America business, which includes assets in Chile and Peru, to STRACON Group, a diversified strategic partner to the mining sector in the Americas.
This transaction marks the completion of the AMECO divestiture which was a strategic initiative to allow Fluor to focus on its core businesses and capital priorities. Previous AMECO divestitures included company assets in Africa, the Caribbean, Mexico and North America.
AMECO South America is a provider of integrated mobile equipment services, solutions and rentals that serves ongoing operations and capital projects in the mining industry.
Fluor’s press release can be found here.
Baker Botts Lawyers/Offices Involved:
Corporate: Preston Bernhisel (Partner, Dallas), Samantha Crispin (Partner, Dallas), Nic O’Brien (Senior Associate, Dallas), Tala Esmaili (Associate, Dallas)
Tax: Steve Marcus (Partner, Dallas)
Employee Benefits: Robin Melman (Partner, New York) and Gabriela Alvarez (Senior Associate, Houston)
Environmental: Aileen Hooks (Senior Counsel, Austin)
Fluor was also represented in Chile by Carey Abogados and in Peru by Zuzunaga, Assereto & Zegarra Abogados.
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