Press Release
August 10, 2023

Holland & Knight Advises Okila in Acquisition by Grupo TRACSA

MEXICO CITY (August 10, 2023) – Holland & Knight represented Okila S.A. de C.V. in the sale of its capital stock to Grupo TRACSA, an authorized distributor of Caterpillar Inc. (NYSE: CAT). The transaction closed on May 25.

Based in Mexico City, Okila is a leading importer and wholesaler of products and accessories for the welding industry. The acquisition is Grupo TRACSA’s first entry into the welding industry.

Grupo TRACSA, headquartered in Guadalajara, Jalisco, is a major provider of equipment and heavy machinery for construction, infrastructure, agriculture and mining.

Holland & Knight Partner Xavier Mangino, Senior Counsel Elena Ibarrola and Associate Cristobal Ortiz Monasterio led the firm's representation of Okila.

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