23 05 2016

Banco Santander (Brasil) S.A., Hyundai Motor Brasil Montadora de Automóveis Ltda. and Hyundai Capital Services, Inc. form a JV in Brazil

Demarest advised Hyundai Motor Brasil Montadora de Automóveis Ltda. and Hyundai Capital Services Inc. on the transaction


The capital structure of the joint venture will have a 50% equity participation of Aymoré (operating as wholly-owned subsidiary of Banco Santander (Brasil) S.A, 25% (twenty-five per cent) of Hyundai Capital and 25% (twenty-five per cent) of Hyundai Motor Brasil. The new company: Banco Hyundai Capital Brasil S.A. will provide auto finance, insurance brokerage services and products to consumers and Hyundai dealerships in Brazil. Demarest advises Hyundai Motor Brasil Montadora de Automóveis Ltda. and Hyundai Capital Services Inc. with a team led by Fabio De almeida Braga (Picture).
TozziniFreire Advogados has advised Hyundai Capital and Hyundai Motor Brasil  and Santander structuring the deal with a team including Francisco Eumene Machado de Oliveira Neto, Pedro Ardezzoni, Augusto Silveira Caldas Neto, Fernao Henrique Pio Rocha Moura de Castro and Su Jung Ko.
  Involved fees earner: Fabio de Almeida Braga - Demarest Advogados; Francisco Eumene Machado de Oliveira Neto - Tozzini Freire Advogados; Pedro Ardezzoni - Tozzini Freire Advogados; Augusto Silveira Caldas Neto - Tozzini Freire Advogados; Fernao Henrique Pio Rocha Moura de Castro - Tozzini Freire Advogados; Su Jung Ko - Tozzini Freire Advogados;

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