Salvador Gallo Korkowski

Of Counsel

Mexico + 52.55.3000.4017

Salvador Gallo Korkowski advises private equity sponsors, companies, investors, and financial institutions on cross-border M&A and financing transactions involving Mexico and Latin America. He is admitted to practice in Mexico and New York and regularly works on matters involving both Mexican and U.S. law.

Before returning to Jones Day in 2026, where he had previously spent more than eight years, Salvador served as general counsel of a Latin American investment and operating platform. During his five years there, he worked on the company's expansion across the region, including dozens of acquisitions and divestitures in Mexico, Brazil, Chile, Colombia, and Peru, and equity and debt financings totaling more than US$400 million. He also advised management, investors, and boards on governance and portfolio matters.

Having spent several years as a client of outside counsel, Salvador brings a practical perspective to transactions, with particular attention to execution, risk allocation, and the decisions clients need to make before and after closing.

Expérience

  • Cardinal Health sells its Cordis business to Hellman & Friedman for approximately $1 billionJones Day advised Cardinal Health on the divestiture of its Cordis business to Hellman & Friedman for approximately $1 billion.
  • Solvay sells barium, strontium and sodium percarbonate businesses to Latour CapitalJones Day advised Solvay S.A., a publicly listed chemical company based in Brussels, Belgium, on the combined sale of its technical-grade barium and strontium business in Germany, Spain and Mexico, and its sodium percarbonate business in Germany to Latour Capital.
  • Seal for Life acquires Flame Control Coatings, Highland International, LifeLast, and US CoatingsJones Day advised Arsenal Capital Partners ("ACP") on the four acquisitions by portfolio company Seal for Life of Flame Control Coatings, Highland International, LifeLast, and US Coatings, manufacturers of protective coating technologies.
  • Merchant banking firm and Fortress Credit provide secured credit facility to Win SystemsJones Day represented a merchant banking firm and Fortress Credit Corp. in connection with a secured credit facility provided to Win Systems, an international developer of gaming machines software and manufacturer of gaming machines.
  • Arsenal Capital Partners acquires Seal for Life Industries from Berry Global Group Inc. for $328 millionJones Day advised Arsenal Capital Partners on the $328 million acquisition of Seal for Life Industries from Berry Global Group Inc.
  • Goldman Sachs provides credit facility to CredijustoJones Day represented Goldman Sachs in connection with a credit facility provided to Credijusto, a Mexican financial technology firm.
  • GE sells assets related to its Small Industrial Motors Business to Wolong Electric GroupJones Day advised General Electric Company in the sale of the small industrial motors business of its Power Conversion division to Wolong Electric Group Co., Ltd.
  • Selmec Equipos Industriales acquired by Generac HoldingsJones Day advised Enesa, S.A. de C.V. in its sale of 100 percent of the shares of Selmec Equipos Industriales, S.A. de C.V., a manufacturer and designer of power plants of up to 2,750 kW, to Generac Holdings Inc. through its subsidiary in Mexico Ottomotres S.A. de C.V.
  • Auria Solutions obtains $350 million credit facilityJones Day advised Auria Solutions USA Inc., a supplier of soft trim and acoustical products for the automotive industry, in connection with a $350 million facility with Bank of America, N.A., as administrative agent. The new credit facility consisted of a $100 million term loan, a $150 million revolving credit facility, and a $100 million delayed draw term loan, and was made in connection with long-time client International Automotive Components Group North America LLC's spin-off of its soft-trim business into a joint venture with Shanghai Shenda Co., Ltd.
  • Ironbridge Equity Partners acquires A V Gauge & FixtureJones Day represented Ironbridge Equity Partners Management Limited in connection with its acquisition of A V Gauge & Fixture Inc., a leading manufacturer of specialized gauging and check fixture equipment for the automotive industry.
  • Cardinal Health acquires leading patient product portfolio from Medtronic for $6.1 billionJones Day advised Cardinal Health on the acquisition of Medtronic's Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency businesses for $6.1 billion in cash.
  • BBVA Bancomer, BBVA Securities, and Credit Suisse provide $1.55 billion bridge loan to GMéxico TransportesJones Day represented BBVA Bancomer, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA Bancomer, as administrative agent; BBVA Securities Inc. and Credit Suisse Securities (USA) LLC, as joint lead arrangers, in connection with a $1.55 billion NY law-governed unsecured Bridge Loan Agreement provided to GMéxico Transportes, S.A. de C.V., the largest railroad company in Mexico, and Ferrosur, S.A. de C.V.
  • Vehículos Líquidos Financieros receives investment by OikocreditJones Day represented Vehículos Líquidos Financieros, S.A.P.I. de C.V., SOFOM, E.N., a Mexico-based wholesale lender, in connection with the €2.7 million (US$3.2 million) equity investment by Oikocredit, a worldwide cooperative and social investor.
  • INVEX Infraestructura acquires Trafigura Mexico Holding B.V.Jones Day advised INVEX Infraestructura 4, S.A.P.I. de C.V. in the acquisition of 100% of the issued and outstanding capital stock of Trafigura Mexico Holding B.V., which in turn owns 99.99% of the issued and outstanding capital stock of PPM Energy, S.A.P.I. de C.V.
  • INVEX Infraestructura 4 purchases port terminal in Tuxpan, VeracruzJones Day advised INVEX Infraestructura 4, S.A.P.I. de C.V. and one of the largest midstream service companies in Mexico in the purchase of the entire stock of Compañía Terminal de Tuxpan, S.A. de C.V. ("CTT"), holder of a Partial Assignment and Assumption Agreement (Contrato de Cesión Parcial de Derechos y Obligaciones) executed with the Administración Portuaria Integral de Tuxpan, S.A. de C.V. in connection to a port terminal at the Port of Tuxpan, Veracruz.
  • Crédito Real issues $625 million of 7.250% Senior Notes in Rule 144A offering and completes concurrent tender offer for 7.500% Senior NotesJones Day advised Crédito Real, S.A.B. de C.V. Sofom, E.R., one of the principal payroll lending, durable goods financing, and microcredit finance companies in Mexico, in connection with the issuance of $625 million of 7.250% Senior Notes due 2023 in a Rule 144A and Regulation S offering and concurrent cash tender offer for any and all of its US$425 million of 7.500% Senior Notes due 2019.
  • Syndicate of lenders provide $607 million financing to subsidiary of First Reserve to acquire Pemex assetsJones Day advised Banco Santander (Mexico) S.A.; Banco Nacional de Obras y Servicios Publicos, S.N.C. (Banobras); Banco Nacional de Mexico S.A., integrante del Grupo Financiero Banamex (Banamex); Natixis, New York Branch; The Bank of Tokyo-Mitsubishi UFJ, Ltd.; and Intesa Sanpaolo S.P.A., New York Branch, as co-lead arrangers, in connection with the $607 million debt financing provided to a wholly-owned subsidiary of First Reserve to acquire from Petroleos Mexicanos (Pemex) an ultra-low sulfur gasoline facility located at the refinery Francisco I. Madero in Ciudad Madero, Tamaulipas Mexico (GUBA).
  • Spectra Energy wins bid to develop natural gas header and pipeline from Nueces County to Brownsville, TexasJones Day represented Spectra Energy Corp. regarding Mexican law issues in connection with the Nueces-Brownsville Project auctioned by Comisión Federal de Electricidad ("CFE"), the Mexican utility company.
  • Jennmar enters into acquisitions and divestitures agreement with DYWIDAG Systems InternationalJones Day advised Jennmar in its agreements to conduct a series of international acquisitions and divestitures with DYWIDAG Systems International ("DSI").
  • Jefferies and BCP Securities restructure debt of Cobre del MayoJones Day advised Jefferies LLC and BCP Securities, LLC, as exchange and solicitation agents, in the restructuring of the debt of Cobre del Mayo, S.A. de C.V., a Mexican copper mining company.