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M&A transactions and mergers and acquisitions» src=»https://techma.bakertilly.es/wp-content/uploads/2020/09/latam-300×139.jpg» alt=»M&A transactions and mergers and acquisitions» width=»180″ height=»83″ />The number of transactions in Latin America has fallen slightly compared to the previous month, however, the volume of investment has increased as a number of large deals have been closed, especially cross-border transactions.
M&A transactionsMajor operations in Latin American countries
According to TTR , Brazil is the country in which the most transactions have taken place, with 50 operations, one of the most important being the acquisition of Vigor Food $173.39M from FB Participações.
Argentina was the second most active country in terms of number of operations, with 19 transactions, among them the investment Oleaginosa Moreno Hermanos and Vicentín in the wind power company Renova for a total of $81M, the sale of UTE Puesto Hernández to YPF $ 40.70M and the sale of the Trilenium Casino to the group Indalo for $14.6M.
Colombia, Mexico and Peru have also been the protagonists of major operations.
Cross-border operations
There have also been large-scale transactions between Latin America and Europe, such as the sale by Repsol of Atlantic LNG in Trinidad and Tobago and Peru LNG to Shell $4,100M . Repsol is thus relieved of the debt associated with its assets.
In addition, talks have begun to increase these relations, which seems to anticipate that this trend will continue in the coming months. The Chilean CSAV, dedicated to the maritime transport of goods, has agreed to acquire a 30% Hapag Lloyd, German company active in the same sector.
On the other hand, European companies have signed some 22 mergers and acquisitions in Latin America, surpassing North America, which is usually a regular buyer, which has carried out 16 deals in Latin America. purchase.
In Spain, Cofides has launched, together with the CAF, Latin America's development bank, a support plan to improve the chances of success of investment projects in the 2 parties.
Most active sectors by number of transactions
Among the most active sectors, there are newer sectors such as internet and technology in countries such as Brazil, Argentina and Chile, but also more traditional sectors such as finance and insurance in Brazil and glass, ceramics and paper in Chile.
"Just this month, the Chilean company BioBio papers has purchased the 49% from the Brazilian company Norske Spog Pisa for $40M, thus achieving the acquisition of the company's 100%", says Diego Gutierrez, an expert in alternative financing of the group. Abra-Invest.