BRAZIL > Canada based Alberta Investment Management Corporation and Brazil based IG4 Capital are set to invest R$ 400 Million ($107 million) in Brazil based Iguá Saneamento S.A.

Aimco logo Canada based Alberta Investment Management Corporation and Brazil based IG4 Capital are set to invest R$ 400 Million ($107 million) in Brazil based Iguá Saneamento S.A. The transaction which is expected to close within 50 days is subject to customary closing conditions and the investment will ensure to explore new opportunities in the Brazilian water and sewage sector. IG4 Capital More …

BRAZIL > Shell expands in Brazil with new deep- water blocks

Shell logo Shell Brazil Petroleo which is a subsidiary of Royal Dutch Shell plc. has won four additional deep- water exploration. The deep- water exploration blocks are located in the Campos and Potiguar basins which raises Shells total number of blocks to 18. The 15th deep-water bid was organized by the Brazilian National Petroleum Agency (ANP)  . Shell itself secured one exploration More …

BRAZIL > Switzerland based Syngenta is set to acquire Brazil based Strider

Syngenta logo   Strider, a Brazilian AgTech company is set to be acquired by Switzerland based Syngenta. Strider focuses on operational management solutions for farms. Financial terms of the transaction are not disclosed and the completion of the deal is subject to clearance by relevant merger- control authorities. An important player in the Latin American digital agriculture market, Strider acquisition will bring More …

BRAZIL > London based Xpress Money partners with Brazil based Confidence Corretora De Câmbio S.A. to increase network in Latin America

xpress money logo One of the fastest growing money transfer brands, Xpress Money has teamed up with a renowned Brazilian brand based Confidence Corretora De Câmbio S.A. that offers services such as solutions for individuals to buy foreign currency, exchange international checks, pay bills abroad, and send and receive money from abroad. With the new partnership, Xpress Money boasts a strong network of More …

BRAZIL > Ahlstrom-Munksjö is set to expand its Louveira plant in Brazil

Ahlstrom-Munksjo LOGO Ahlstrom-Munksjö, manufacturer of filtration media for transportation and industrial applications, is set to expand its Louveira plant in Brazil. Ahlstrom-Munksjö employs around 110 people and the Louveira plant is located in the San Paolo region in Brazil. According to Fulvio Capussotti, Executive Vice President of the Business Area Filtration & Performance: “Demand for filtration media in South America is expected to continue More …

BRAZIL > China based JA Solar establishes new subsidiary in Brazil

jasolar_logo JA Solar Holdings Co., Ltd. (Nasdaq: JASO) – manufacturer of high-performance solar power products – recently launched its subsidiary JA Solar Brazil Ltda (“JA Solar Brazil”) in Brazil. According to the company’s press release, “JA Solar has operated in Brazil since 2015 and has seen significant growth in the Distributed Generation (DG) market, which requires local support for customers’ planning, More …

BRAZIL > US based Greenbrier increases share in Brazil based Greenbrier-Maxion from 19.5% to 60% for $20Mn

amstedmaxion-logotipo-corte USA based Greenbrier is slated to exercise its option to increase its share in Brazil based Amsted-Maxion Equipamentos E Serviços Ferroviários (also known as Greenbrier-Maxion) from 19.5% to 60% for sum of $20MM. According to the press release by Greenbrier, the $20 million investment will be used to retire debt at Greenbrier-Maxion thereby reducing interest payments by $4 million annually.  Also The purchase More …

BRAZIL > Netherland’s Heineken to acquire Brasil Kirin for around $708.72Mn

Heineken_International_logo.svg Netherland based Heineken is set to acquire Brasil Kirin for around €664 Mn ($708.72Mn). The transaction is expected to close in first half of 2017 after meeting up the customary regulatory approvals. With this acquisition Heineken will become second largest beer company in Brazil.   About Brasil Kirin Brasil Kirin is engaged in the production, wholesale, and retail sale of More …