The corporate, commercial and M&A team at BKM | Berkemeyer remains a leading practice in Paraguay, advising businesses on high-value transactions. With a strong focus on cross-border investments, the team supports multinational corporations entering the Paraguayan market, particularly in the consumer goods, tech and pharma industries. The team is made up of ‘top-tier seasoned professionals’ such as co-lead Hugo T. Berkemeyer, who brings extensive experience in M&A, corporate finance, tax and structuring. Carla Sosa, also a co-leader, specialises in corporate transactions, joint ventures and international agreements, while fellow co-head Manuel Arias focuses on M&A, finance, infrastructure and public-private partnerships. Also integral to the team is Alexander Berkemeyer, an expert in M&A and corporate operations, as well as  Antonio Villa Berkemeyer, who excels in corporate structuring, compliance and financial matters.

Ferrere has firmly established itself as a leading firm for corporate matters in Paraguay, renowned for its commercial approach and international expertise. As a regional powerhouse, it represents a substantial share of LACCA’s Top 100 companies across key industries, including energy, banking, logistics, agribusiness and tech. The corporate practice excels in high-profile M&A transactions, joint ventures and regulatory matters, and is made up of a ‘large multidisciplinary team’ with a deep bench of specialisms. Recent landmark deals include advising Camil Alimentos S.A. on its acquisition of Villa Oliva Rice S.A., assisting Kingspan Group in a joint venture with MV Aceros S.A., and guiding Barentz International B.V. in acquiring Insuquim S.R.L. and Albis S.R.L. Néstor Loizaga, head of the corporate practice, leads complex cross-border transactions and is a trusted advisor to multinational corporations. The highly respected Carlos Vasconsellos  takes point on major corporate deals. Verónica Franco specialises in M&A across Latin America, while Eduardo Ammatuna is a key contact for clients in the fluvial and logistics sectors.

Peroni Sosa Tellechea Burt & Narvaja regularly acts for multinational corporations and key local businesses. Recently, the practice has been instrumental in major transactions, including a $136 million logistics acquisition and a $135 million foreign investment in a data centre. It continues to excel in M&A, real estate, agribusiness, and energy matters. Practice head Esteban Burt leads on high-value deals, including a $28 million mining joint venture. M&A specialist Francisco Peroni recently oversaw a $200 million forestry investment and a major steel industry partnership. Eduardo Alfaro Parot specialises in corporate law and tax-incentivised projects, having recently advised on a Chinese auto brand’s entry into Paraguay. Victoria Burt advises on anti-corruption and AML, playing a key role in major healthcare and logistics acquisitions.

The corporate and M&A practice at Vouga Abogados is recognised for its ‘synergistic, integrated, and coordinated manner’, and for its expertise in high-profile investment projects, M&A transactions and regulatory compliance matters. The team advises on private investments and major infrastructure projects, including Doftey S.A.’s USD 130 million private port and Cargo Line Paraguay’s USD 40 million logistics investment. The practice excels in complex M&A, recently advising Grupo Azeta and Banco Atlas on transformative transactions. Its expertise spans cross-border operations, agribusiness and competition law, with an emphasis on compliance issues. The group is led by the experienced Rodolfo G Vouga and Perla Alderete. Alderete, a specialist in M&A, asset sales and capital restructuring, advises key players across various industries. Carlos Vouga is highly regarded for his technical skills, while Cynthia Fatecha is an expert in trusts, securities and capital markets regulations.

Estudio Jurídico Gross Brown‘s corporate and commercial department is renowned for providing exceptional legal counsel to regional and international clients across various industries. With a strong track record in high-profile transactions, the team specialises in M&A, joint ventures, private equity, investment financing and corporate governance. Leading the team is Sigfrido Gross Brown, highly regarded for his transactional expertise. Brown’s recent work includes advising Compañía Cervecerías Unidas, Bebidas del Paraguay S.A., and Distribuidora del Paraguay S.A. on their integration with Grupo Vierci. Also central to the team is Jorge Gross Brown, a seasoned senior partner. Eduardo Javier Gross Brown is a highly respected expert in commercial law, advising on corporate litigation matters, business restructuring, financings and debt collection. The team is further strengthened by associates Francisca Peroni, Pablo Debuchy, Alvaro Portillo and Camila Basili, who play a crucial role in high-profile corporate transactions, commercial agreements and multi-jurisdictional deals

The corporate and M&A practice at Moreno Ruffinelli & Asociados is a trusted adviser to leading companies seeking expert guidance on complex corporate matters. Recent work includes advising on a corporate restructuring linked to expatriation. The practice handles structured commercial transactions, such as Almasol S.A.E.’s industrial plant lease and Compañía de Petróleos y Asfalto S.A.’s acquisitions in waste management. Leading the team is José Moreno Ruffinelli, a recognised expert in corporate and commercial law, who recently advised Familiar Seguros on policy commercialisation, drafting, and regulatory compliance. Carlos Darío Ruffinelli Céspedes, a corporate law expert, handles regulatory compliance, contract renewals, and service agreements. Maria Esmeralda Moreno recently advised on the acquisition of one of the country’s largest pork slaughterhouses. The team also includes Diego Moreno Rodríguez.

Altra Legal’s corporate and commercial department is known for its expertise in high-value, cross-border transactions and strategic advisory services for multinational corporations. Led by counsel Larissa Lacout Podestá, corporate, banking and capital markets expert José Antonio Moreno Rodríguez and Esteban Acha Mendoza, the team advises on M&A, corporate governance, regulatory compliance, and sustainability initiatives, advising clients in key industries such as agribusiness, manufacturing, food and beverage and logistics. Acha Mendoza advises major players in automotive, finance, biodiesel, and telecommunications. Lacout Podestá brings over a decade of experience in corporate law and M&A, guiding companies in market expansion and regulatory matters.

Colab’s corporate and commercial practice handles work across the fintech, tech, and real estate sectors. The team excels in complex transactions, regulatory compliance, and corporate governance matters, acting for top local and international clients. Recent successes include advising on a major green hydrogen project, supporting the establishment of an arbitration centre for the private sector, and guiding corporate restructurings to enhance operational efficiency. The team is led by Jorge Gross Brown, a highly regarded figure in financial and corporate matters, whose role in high-profile transactions highlights his market influence. Mauricio Salgueiro is a respected transactional lawyer with an emphasis on tech and start-up matters. The team is further strengthened by a group of associates, including Renato Tenace Caballero, who advises on banking, finance, M&A, and project financing, and Joaquina Vera, who excels in transactional law, compliance, and governance.

The corporate and commercial practice at Olmedo Abogados provides comprehensive legal support on M&A, corporate structuring, regulatory compliance, contract negotiations and investment matters. The team advises major companies in the energy, pharma, and logistics sectors. The practice is jointly led by corporate, financial, and tax specialist Gustavo Olmedo, arbitrator and litigator José Ignacio Olmedo and Alejandra Olmedo, who focuses on corporate law, competition law, international trade and strategic investments.

The corporate department at Parquet & Asociados is highly regarded for its sector expertise across real estate, public-private partnerships, agriculture, consumer goods and telecoms. It plays a key role in major real estate projects like Distrito Perseverancia, advising on governance, contracts and financing. The team also represents leading agricultural associations in competition law investigations. Leading the team is Javier Parquet Villagra, who specialises in public procurement, construction, and telecoms matters. Key associates include Valeria Gamarra Valdez, an expert in banking, corporate, and trademark law, and Ariel Ojeda, a former AFD legal counsel with notable experience in corporate, financial, and administrative law.

Aguilar Castillo Love‘s corporate team advises on major corporate, banking, and energy matters, regularly acting as advisor to Fortune 500 companies navigating complex transactions in Latin America. Luis A. Breuer, senior partner and head of the Paraguay office, is a leading expert with significant experience advising major companies, multinationals, and government entities on corporate M&A, foreign investment, banking, energy, antitrust and arbitration matters.

The corporate practice at Mascareño Vargas - Asesores is an ‘agile, dynamic, and collaborative team’, with expertise in M&A, corporate restructuring and governance issues. The team serves key industries such as tech, agribusiness, and real estate, and supports family businesses with succession planning. It also assists foreign investors entering Paraguay. Another area of focus for the group is high-growth sectors like cryptocurrency. Leading the department, Mauro Mascareño has notable expertise in M&A, project financing, and foreign investments. Carlos Jorge Vargas and Rodrigo Gómez Sánchez specialise in M&A, cross-border transactions, corporate restructuring and corporate finance.