Pérez Bustamante & Ponce, Interlaw’s partner firm in Ecuador, has summarized its mergers and acquisitions deals for 2025. Combined, these deals represent more than US$2 billion in transaction value. 

The firm advised on a total of 50 transactions including some of the world’s most notable companies and brands. Representing sellers, Pérez Bustamante & Ponce (PBP) advised General Motors on the divestment of its Ecuadorian manufacturing business; advised EcuaSuiza in its sale to Seguros Equinoccial (creating the largest insurance group in Ecuador); advised Jabonerías Wilson in its acquisition by Alicorp; and acted for Telefónica España in the sale of its Ecuadorian subsidiary Otecel S.A. to Millicom.

The firm also acted as trusted counsel for buyers, representing the Gloria Group in its acquisition of Nestlé Group’s dairy business; advised Colca Capital on the acquisition of technology company Filestorage; and advised Gran Tierra Energy Inc. on the acquisition of strategic assets in the energy sector. 

The firm further advised Agrisanto on the formation of a joint venture in the agriculture industry, and supported the equity offering of Latam Airlines on the New York Stock Exchange. In 2025, PBP advised on an agreement between Daimler Truck and Toyota Motor Corporation to integrate Mitsubishi Fuso and Hino commercial vehicle operations.

PBP president Sandra Reed, who also serves as Interlaw's Latin America chair for mergers and acquisitions, said, "This year has been exceptional for our M&A practice. We had the privilege of guiding clients through some of the most significant and complex transactions in the market, each one reflecting the trust they place in our team. I’m incredibly proud of the talent, collaboration, and dedication that drove these successes, and we look forward to building on this momentum as we help clients navigate new opportunities in the year ahead."

Pérez Bustamante & Ponce's mergers and acquisitions team, consisting of 10 partners and more than 20 associates, is regularly ranked as one of the leading practices in Ecuador, most recently as band 1 by Chambers and Partners in their 2026 Latin America guide. Chambers calls PBP a ‘heavyweight full-service law firm’ that ‘boasts additional expertise in handling complex corporate restructuring, as well as assisting start-ups and major multinationals with their incorporations.’