The deal meets GS E&C efforts to expand into the water treatment market, which is growing at an annual rate of 15 percent globally.
GS Engineering & Construction
Founded in 1969, this in a Korean company mainly involved in the construction and civil engineering works. The Company operates its business under five segments: architecture, civil engineering, housing, plant, environment and power plant
OHL Medio Ambiente Inima
The company has been operating in the water treatment industry since 1954. It is a water and environmental division of OHL Group, a Spanish construction giant and one of world's top 10 desalination companies and It works in the public and private markets in areas such as desalination of sea and brackish waters, urban and industrial wastewater treatment, drinking water purification, tertiary treatment, sludge treatment.
Value of Deal : US$ 308 million
Date of Announcement: November, 16, 2011
Date of Execution: November, 16, 2011
TozziniFreire advised GS Engineering & Construction through partner Shin Jae Kim and associates Esther Jee Sun and Guilherme da Cunha Andrade Maranhão.