Fras-le Mobility acquires Kuo Group's automotive business.

Santamarina y Steta, SC, led by partners Sergio Chagoya and Diego Ostos and senior associate Elias Zaga, with the support of associate Iñigo García and Rebeca Chaidez, acted as external legal advisor to Fras-le SA, in the acquisition of Dacomsa, Kuo Motor, and Fritec, subsidiaries of Kuo, SAB de CV, a leader, among other lines of business, in automotive spare parts, with a significant presence in the United States of America and Latin America.

Fras-le Mobility is a leading Brazilian company in the automotive industry, specializing in the manufacture of friction components such as brake pads and discs. This company is controlled by Randoncorp, a Brazilian public conglomerate with a global presence in more than 120 countries and with 31 strategically distributed industrial units. The shares of both entities are listed on the São Paulo Stock Exchange (B3), one of the most important stock exchanges in Latin America.

The prominent position of Fras-le and Randoncorp in the market reflects their commitment to innovation, quality and customer service, consolidating them as leaders in their respective expert sectors.