Schenck Process, Germany announced its acquisition of Pentec based in Caeté Brazil. Serving the new equipment and after-sales markets, this acquisition reinforces the position of Schenck Process as a global supplier of solutions throughout the process industries.
Founded in 1975, Pentec is a leading manufacturer and supplier of polyurethane and rubber screening products. Solutions include use [...]

Mazda Motor Corporation announced that it has signed formal agreements and begun preparations to establish a Mazda vehicle production facility in Mexico and a sales company in Brazil, in alliance with Sumitomo Corporation. Through the new joint ventures, Mazda and Sumitomo intend to combine their individual strengths in order to enhance both companies’ business in [...]

Louisiana-Pacific Corporation (LP) announced that its subsidiary, LP South America (LPSA), acquired the remaining 25 per cent equity interest in LP-Brasil OSB Industria e Comercio S.A. (LP Brasil) from Masisa do Brasil LTDA (Masisa-Brasil), a subsidiary of Masisa S.A. in Chile. LP Brasil operates the oriented strand board (OSB) plant located in Ponta Grossa, Parana, [...]

Amiad, the producer and global supplier of water filters and filtration systems for the industrial, municipal and irrigation markets, announced that it will provide its proprietary SpinKlin Disc Filters, part of the Arkal family of products, for the Aquapolo tertiary wastewater treatment project in São Paulo, Brazil.
The facility will treat secondary effluent from a local [...]

Owens-Illinois Inc Tuesday announced the acquisition of the remaining 21 per cent interest in its southern Brazil glass container company, Owens-Illinois do Brasil Industria e Comercio SA (Comercio). The remaining interest was acquired from Monteiro Aranha SA for approximately US$140 million in cash and gives Owens-Illinois 100-per cent ownership in Comercio. Owens-Illinois expects this transaction [...]

Sigma-Aldrich Corporation (SIAL) announced it has acquired all outstanding shares of Vetec Quimica Fina Ltda to strengthen the Company’s position in Latin America.  Based in Brazil, Vetec is a leading supplier of high quality specialty chemicals for the academic and industrial markets and provides products that support research, development and manufacturing.
Terms of the purchase were [...]

Smiths Detection has purchased its Brazilian distributor from EBCO Systems Limited to take direct control over sales of its advanced security and detection products in one of the world’s fastest-growing economies.
EBCO, based in Sao Paulo, has been the exclusive distributor for Smiths Detection in Brazil since 1994; selling and servicing a wide range of X-ray [...]

In an announcement on the Bombay Stock Exchange (BSE), Wipro Limited said it has acquired majority stake in Brazil’s R.K.M. Equipmentos Hidraulicos LTDA, a hydraulic cylinder manufacturer. Post the acquisition; the Brazilian business will become a part of Wipro Infrastructure Engineering.
With this deal, R.K.M will have a wider customer access and expansion opportunities into new [...]

Belden Inc. has completed its acquisition of Brazil’s Poliron Cabos Elétricos Especiais Ltda. Belden is a global leader in signal transmission solutions for mission critical applications. Poliron Cabos Elétricos Especiais Ltda is a leading Brazilian cable company. The acquisition is an all cash transaction valued at approximately $30 million.
Privately held Poliron has an established brand [...]

The Wall Street Journal reported Wednesday that Brazilian billionaire Eike Batista’s conglomerate is to invest as much as $40 million a day to meet growing demand for Brazilian commodities and manufactured goods in the coming years.
In an interview with the Wall Street Journal (WSJ), Batista said he plans to create a new shipping company, purchase [...]