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 …

BRAZIL > Luxottica group to acquire óticas carol for around $117Mn

Luxottica.svg Italy based Eyewear Giant Luxottica Group to acquire Óticas Carol of Brazil for around €110Mn ($117.64Mn). The transaction is supposed to close in first half of 2017 after customary regulatory approvals are gained. With the acquisition Luxottica will take over all the 950 locations of Óticas Carol in Brazil.   About Óticas Carol Óticas Carol is a Brazilian Eyewear company that More …

BRAZIL > Wipro to acquire Brazil based InfoSERVER for $8.7Mn

WNC_Logo_HR India based IT Service company, Wipro to acquire InfoSERVER for R$27.6Mn ($8.7Mn). InfoSERVER provides IT Service for Banks & Insurance sector in Brazil. The acquisition is still subject to customary closing conditions and approvals by regulatory bodies in Brazil. The acquisition of InfoSERVER is expected to helps Wipro to expand its presence in Latin American market and get involved with More …

BRAZIL > Ontex to acquire Hypermarcas’s personal hygiene business for $312.74Mn

ontex Belgium based Ontex Group to acquire Hypermarcas’s personal hygiene business for R$1bn ($312.74Mn). The deal is expected to complete in first quarter of 2017 after completion of customary conditions and governmental approvals. After the deal Ontex CEO Charles Bouaziz said, “Following the successful integration of Grupo Mabe in Mexico, adding this business to our Americas Retail Division will give us More …

BRAZIL > GeoPost acquires 60% stake in Brazillian logistics company JadLog

Geopost_logo.svg France based GeoPost has acquired 60% stake in Brazilian logistics company JadLog. JadLog is one of the largest Logistics company in Brazil with network of 508 franchise. As of 2016 alone JadLog carried out some 7 million orders making revenue of $1280Mn.   About JadLogJadLog is Brazilian logistics company that deals with parcels in domestic and international level. With network More …

BRAZIL > US Based Mosaic Acquires Vale’s Fertilizer Unit for $2.5 Billion

mosaic_logo US based The Mosaic Company acquires fertilizer business of Brazilian Mining Company-Vale in a deal worth $2.5 billion. Half of the $2.5 billion will be paid in cash, while Mosaic will issue roughly 42.3 million shares of common stock for payment of other half of deal. The deal with Vale include: Vale’s phosphate and potash assets in Brazil, excluding phosphate assets in More …