Caterpillar Inc. announces acquisition of manufacturing facility located in Campo Largo, Parana State, Brazil

No Comments » | 09-3-2010

Caterpillar Inc. announced it had acquired a manufacturing plant in Campo Largo, located in the state of Parana, Brazil. Caterpillar Inc. said the newly acquired facility will be used for the manufacture of backhoe loaders and small wheel loaders. Currently, the firm manufactures backhoe loaders and small wheel loaders at its Piracicaba facility.
The new plant [...]

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Carlyle Group taking advantage of a fast growing lingerie and hosiery market in Brazil with the purchase of a stake in lingerie-maker Scalina

No Comments » | 09-2-2010

The Carlyle Group announced it had acquired a stake in Brazilian lingerie maker, Scalina. The Carlyle Group, a private equity company, said the move is aimed at making use of the fast growing lingerie and hosiery market in Brazil, Latin America’s biggest economy. Reports indicate that the deal for the Brazilian firm might be pegged [...]

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Hassad Food owned by Qatar’s sovereign wealth fund, plans to acquire a sugar project in Brazil with a capacity to produce 25 million tonnes per annum

No Comments » | 09-1-2010

In a piece run by the Qatar News agency, it was reported that Hassad Food, owned and controlled by the Qatar sovereign wealth fund is keen on acquiring a sugar project in Brazil. In the report, Hassad Food plans to acquire a sugar project in Brazil with a capacity to produce 25 million tons yearly.
According [...]

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Brazilian mining giant Vale continues to increase its presence in the fertilizer sector, seeking further acquisitions, report says

No Comments » | 08-31-2010

Reports surfaced in a local Brazilian newspaper that Vale; one of the country’s biggest mining firms is keen on raising its presence in the fertilizer sector with additional acquisitions. The move comes as a continued push by Vale for a foothold in the Fertilizer industry over the recent months.
The newspaper reports indicated that Vale might [...]

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French advertising firm Publicis Groupe about to conclude a deal with Brazilian ad agency Talent for a majority stake, FT reports

No Comments » | 08-30-2010

The Financial Times reported last week that French giant advertising firm, Publicis Groupe is about to conclude a deal with Brazilian ad agency, Talent, that will see it acquire a majority stake in Talent. According to the Financial Times report, the Publicis deal could value Talent at around $200 million.
Talent is one of Brazil’s foremost [...]

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UK based firm G4S making additional investment acquisitions in Brazil with 51% stake acquisition in Plantech

No Comments » | 08-28-2010

The UK based firm, G4S announced Thursday that it will be strengthening its Brazilian foothold with the acquisition of Brazilian firm, Plantech. G4S, the world’s largest security firm, reported that its mulling further investments in Brazil and the acquisition of Plantech is a move in that direction.
Plantech is a Brazilian group focused on systems for [...]

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Shell and Brazilian sugar and ethanol giant Cosan sign binding agreement to create a global ethanol business in Brazil

No Comments » | 08-27-2010

Shell and Cosan Thursday said they had signed a binding agreement for a joint venture that will see the two firms establish what they termed as “a global ethanol business.” Cosan is one of Brazil’s foremost ethanol producing companies and the deal with Shell is targeted at gaining from the burgeoning demand for biofuels globally. [...]

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Brazil government approves limits on land acquisition for investment by foreigners to a maximum of 5,000ha

No Comments » | 08-26-2010

The Brazilian government Tuesday announced its final decision regarding foreign land ownership in the country, capping it at 5,000ha. President Liuz Inacio Lula da Silva said the government had approved limits on land acquisition for investment by foreigners. The President appended the changes, instituting limits to the amount of land an overseas investor can now [...]

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Brazil’s biggest brewer AmBev has agreed to merge its Venezuelan arm with Cerveceria Regional

No Comments » | 08-25-2010

Brazil’s largest brewer, AmBev Friday last week agreed to merge its unit in Venezuela with Cerveceria Regional. The move will see AmBev acquire a minority stake in the combined entity as it seeks to strengthen its market presence in Venezuela. Analysts believe the merger is aimed at reinforcing AmBev’s position in the Brazilian market, the [...]

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Melbourne, Florida based Harris Corp. launches new facility in Campinas Brazil

No Comments » | 08-24-2010

Florida based firm, Harris Corp Monday reported the launch of its new facility based in the Brazilian city of Campinas. According to the firm, the new factory in Brazil is geared at the manufacture of low and mid power UHF television transmitter products to support Latin America’s transition to digital TV. The new plant is [...]

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