" Among Mexican companies that have gone shopping in Brazil, Grupo Casa Saba (), Mexico's biggest drugmaker, acquired the pharmacy chain and Perfumaria Drogasmil Drugs in U.S. $ 115 million. Manuel Saba writes: "Consolidating Brazil and better understand the markets we compete in other countries ... We're going to buy when we see something beautiful." The group plans to buy other companies in Brazil and also looks at other possibilities in Argentina, Chile, Colombia and Peru. The petrochemical group Mexichem (BMV: MEXCHEM), is another Mexican companies that were shopping in Brazil and has already closed two transactions in the country, a deal on 20 June, with Fiberweb PLC to acquire Industria e Comercio Nao Bidim-Tecidos. Its subsidiary Amanco Brasil (acquired in 2007) purchased 70% of the company DVG and Commerce Limited. Other Mexican companies shopping in Brazil, Grupo Bimbo (BMV: BIMBO), reached an agreement to acquire 75% of the bakery foods Nutrella last May. Already in 2007 had completed the acquisition of the Brazilian bakery Panificio Laura.
One may ask here: Why did the Brazilian market is attractive to Mexican companies? First, with a population exceeding 180 million inhabitants, the Brazilian market is a big attraction for Mexican businesses looking to expand. This market is even more attractive when you consider that the purchasing power of the population is in sharp improvement. The strong growth and is showing strength that Brazil's economy and projections and they do provide evidence that this country confirm their role as "locomotive" for the growth of the economies of the region, are other reasons that make businesses want to invest there. Mexican companies are in Brazil a growing capital market. The maturity that has the Brazilian stock market, where last year, opened the bag another 64 companies, also plays for Brazil as an attractive country for investment. To this we add the recognition of having achieved the level of investment, which generates a greater flow of capital that will surely bring greater liquidity and depth. It is for this reason and for the largest bond being observed between the two economies, Brazil is an attractive market for Mexican companies that are looking for buying opportunities in the country. We will meet again tomorrow, Horacio Pozzo m
One may ask here: Why did the Brazilian market is attractive to Mexican companies? First, with a population exceeding 180 million inhabitants, the Brazilian market is a big attraction for Mexican businesses looking to expand. This market is even more attractive when you consider that the purchasing power of the population is in sharp improvement. The strong growth and is showing strength that Brazil's economy and projections and they do provide evidence that this country confirm their role as "locomotive" for the growth of the economies of the region, are other reasons that make businesses want to invest there. Mexican companies are in Brazil a growing capital market. The maturity that has the Brazilian stock market, where last year, opened the bag another 64 companies, also plays for Brazil as an attractive country for investment. To this we add the recognition of having achieved the level of investment, which generates a greater flow of capital that will surely bring greater liquidity and depth. It is for this reason and for the largest bond being observed between the two economies, Brazil is an attractive market for Mexican companies that are looking for buying opportunities in the country. We will meet again tomorrow, Horacio Pozzo m
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