DLA Piper represented Putney Capital Management, an asset management and advisory company located in Central America and the Caribbean, in its acquisition of a 50-percent interest in Colombian steel mill, Diaco S.A., from Gerdau S.A., a major steel manufacturer based in Brazil.

Putney Capital also partners with Gerdau in its steel operations in the Dominican Republic.

The DLA Piper team advising Putney Capital included lead partner Francisco J. Cerezo (Miami); partners Nikos Buxeda (San Juan) and John Murphy (Miami); DLA Piper Martinez Beltran partners Camilo Martínez and Felipe Ospina (Bogota); project manager John Guarin (New York); foreign legal consultant Mélisande E. Brodeur-Perez (Miami); and associates Joseline Rodriguez (Miami), Andrés Torres (Bogota) and Sebastian Celis (Bogota).

Putney Capital was also advised by attorneys with OMG, a law firm located in the Dominican Republic and Cobaltum Partners, LLC, a financial advisory firm based in the U.S. and Latin America .