Russian agrochemicals company EuroChem Group has hired Pinheiro Neto Advogados to buy a majority stake in Brazilian fertiliser distributor Fertilizantes Tocantins.

Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados advised Fertilizantes Tocantins shareholders José Eduardo Motta and Adriana Araújo Motta.

EuroChem bought 50 per cent plus one share in the fertiliser distributor. The deal was signed on 5 July but remains subject to approval from Brazil's antitrust authority. The value of the stake sold has been kept confidential. Under the terms of the sale, José Eduardo Motta remains as shareholder and CEO of Fertilizantes Tocantins.

Fertilizantes Tocantins operates in Brazil's north, north-east and mid-west regions.

Counsel to EuroChem Group

Pinheiro Neto Advogados - Partners Miguel Tornovsky and Jorge Lopes Jr and associates Joamir Müller Romiti Alves, Marcelo Rodrigues and Jenny Lu

Counsel to José Eduardo Motta and Adriana Araújo Motta

Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados - Partners Pedro Whitaker de Souza Dias, Andrea Bazzo Lauletta and Renata Fonseca Zuccolo Giannella and associates Rodrigo Arthur Egual de Carvalho, Cristina Rangel Maciel, Scylla de Moraes Barros Fucs and João Antonio Teixeira Madureira de Pinho