Simpson Thacher represented Grupo Estrella, a leading Dominican construction and industrial group, in connection with its acquisition of Cemento Bayano, S.A. (“Cemento Bayano”), a cement and concrete products manufacturer in Panama, from a subsidiary of Cemex, S.A.B. de C.V., and a credit facility arranged by Banco Latinoamericano de Comercio Exterior S.A. (Bladex) to finance the acquisition. The acquisition and related financing successfully closed on October 3, 2025.
Grupo Estrella is a privately-owned conglomerate based in the Dominican Republic. In addition to its construction and infrastructure divisions, the group also has investments in the energy, healthcare, airport, and media sectors in the Caribbean and Central America.
The Simpson Thacher team included Todd Crider, Borja Marcos, Humberto Romero and Pablo Torrealba (M&A); Jomar Vargas, Isaac Cattan and Juan Felipe Sáenz Dussán (Credit); Adam Arikat and Roberto Arza (Tax); David Caldwell and Cary Milanes (Compliance); Jamin Koslowe and Sara Mazurek (ECEB); and Carleigh Rodríguez (Environmental).