Press
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2026-09-26
Estudio Garrido Advised on the Acquisition of 100% of J.P.M. Servicios Petroleros
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2026-09-07
Estudio Garrido Advised on the Sale of 100% of Crilen S.A.’s Share Capital to Guatemala’s Grupo Solido
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2026-08-11
Estudio Garrido Advised Rintin Ltd. on Its US$6.2 Million Investment Round
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2025-09-30
Estudio Garrido Advise on the Acquisition of Celulosa Argentina S.A.
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2020-06-18
Garrido helps Space AI create Blockchain-based energy network
Estudio Garrido has advised Space AI on the creation of a Blockchain-based network providing renewable energy and energy services in California. -
2020-02-19
Garrido advises GeneSeas on Tropical Aquaculture acquisition
Argentinian law firm Estudio Garrido has advised Brazilian fish producer GeneSeas Holdings on its purchase of Tropical Aquaculture Products, a US fish distributor. -
2019-10-05
Estudio Garrido advised Taringa! in its sale to IOV Labs
IOVLabs, the creator of the RSK Bitcoin platform and the RIF token, executed the acquisition of Taringa, the argentine social network with 30 million users. -
2019-05-24
Garrido counsels Alef Biotechnology on Ingens acquisition
Estudio Garrido has advised Alef Biotechnology Argentina on its acquisition of Laboratorio Ingens, as Alef seeks to expand its business in the South American Country. -
2019-05-23
Estudio Garrido advised L Catterton in its investment in Luigi Bosca
Bodega Luigi Bosca, one of the oldest and most renowned wineries in Argentina, has received a significant strategic investment from L Catterton, the largest and most global consumer-focused private equity firm.2019-05-13
Estudio Garrido advises B2B platform Extendeal on $1m investment round
Argentinian law firm Estudio Garrido has advised B2B platform Extendeal on the closing of a $1 million bridge investment round.Estudio Garrido Advised on the Sale of 100% of Crilen S.A.’s Share Capital to Guatemala’s Grupo Solido
Estudio Garrido, through its partners Diego M. Garrido and María Marta Cancio, and associates Marcos Vidiri and Angélica Armellini, advised the sellers in the sale of 100% of the share capital of Crilen S.A., an Argentine producer of polymers and specialty chemicals for industrial applications, to Grupo Solido of Guatemala.
The transaction, completed in May 2026, included the transfer of the business, encompassing its assets, contracts, and operations in Argentina and other Latin American markets, and marks the Guatemalan group’s entry into the Argentine market.
Crilen S.A.: Four Decades of Industrial ExperienceCrilen S.A. is an Argentine industrial company engaged in the production of polymers and specialty chemicals for industrial applications, with more than four decades of experience in the domestic and Southern Cone markets. Its activities include:
• Development and production of acrylic polymers
• Manufacture of alkyd resins
• Supply of inputs for the paints, coatings, textile, and graphic arts industries
• Distribution and representation of related raw materials and products
The company operates two manufacturing facilities, located in El Talar de Pacheco (Buenos Aires Province) and San Luis Province, with a production capacity of approximately 2,000 metric tons per month and a workforce of more than 100 employees.
Grupo Soliod: A Multilatina Leader in Paints and Coatings
Founded in Guatemala in 1955, Grupo Solido is one of the leading manufacturers of paints and coatings in Central America, with manufacturing and commercial operations in fifteen countries.
The acquisition of Crilen represents Grupo Solid’s first investment in Argentina and provides the company with a new manufacturing platform in South America, complementing its presence across Central America, the Caribbean, and the Southern Cone.
The acquiring group has indicated that it intends to continue Crilen’s operations and retain its workforce as part of a long-term growth strategy in Argentina.
