Shearman & Sterling is advising Nexus Group, S.A., a Peru-based private equity firm, in its acquisition of 99.92% of the issued and outstanding share capital of San Miguel Industrias PET S.A., a corporation (sociedad anónima) organized under the laws of the Republic of Peru.

Nexus Group, together with its related company Intercorp Perú Ltd., began investing in Peru in 2000. Nexus Group has built a successful investment track record in acquiring companies and developing new businesses by investing in 15 portfolio companies across several industries. In addition, Nexus Group (together with Intercorp Perú Ltd.) is an active participant in the local and international capital markets, which includes, among others, the IPOs of Intercorp Financial Services and InRetail Perú Corp.

San Miguel Industrias PET S.A. is a leading manufacturer and distributor of PET preforms and bottles for food and beverage and other retail markets in Peru, with operations in El Salvador, Panama, Ecuador and Colombia.

The Shearman & Sterling team included partners Samuel Waxman (New York-Mergers & Acquisitions), Michael McGuinness (New York-Mergers & Acquisitions), Doreen Lilienfeld (New York-Executive Compensation & Employee Benefits), Jessica Delbaum (New York-Antitrust), and Michael Shulman (Washington, DC-Tax), and associates Aselle Kurmanova (New York-Mergers & Acquisitions), Zhak Cohen (New York-Mergers & Acquisitions), Jennifer Stadler (New York-Executive Compensation & Employee Benefits), Derek Kershaw (New York-Tax) and Timothy Haney (New York-Antitrust).