KICTeam announced the opening of KICTeam Brasil, which will supply disposables that reduce the maintenance cost of point of sale terminals and other equipment in all industries throughout the country.  The new Brasilian office will offer localized support and logistics with a conveniently situated warehouse facility located in Sao Paulo to better service customers on [...]

BASF will invest in a world-scale production site for acrylic acid, butyl acrylate and superabsorbent polymers (SAP) in Camaçari, Bahia, Brazil.
The investment marks the first acrylic acid and superabsorbents plant in South America. With an investment volume of more than €500 million, it is the largest investment in BASF’s century-long history in South America.
In addition, [...]

ACCIONA has sold-off its portfolio of current operative car park concessions, comprising 17,147 parking spaces spread across Brazil, Spain and Andorra. The investment was undertaken for a consideration of a total €190 million. The divestment took place in two separate operations: the EQT investment fund purchased the assets in Spain and Andorra, while the Brazilian [...]

Chilean energy firm Enersis SA is to invest an estimated $65.4 million in an upgrade of its distribution and transmission service in the Brazilian state of Rio de Janeiro. The plan shall be implemented through the subsidiary, Ampla, the distributor which supplies more than 2.5 million customers in the state of Río de Janeiro.
With the [...]

Reports carried by Fox Business indicated that the Export-Import Bank of the United States is to extend a $3 billion credit to finance Brazilian purchases of goods and services from American firms, announced the Export-Import Bank’s chief executive.
However, a majority of the funds (approximately two-thirds) will be given to Brazilian state owned oil and gas [...]

The Wall Street Journal (WSJ) reported that Brazil and the U.S. unveiled a series of accords on trade and investment aimed at reducing barriers for bilateral commerce and supporting local Brazilian economic development. The bilateral trade agreements were unveiled Saturday, as US President Barack Obama embarks on his first official visit to South America.
The accords [...]

UPM Raflatac, one of the world’s leading suppliers of self-adhesive labelstock, will acquire Gumtac, the Brazilian labelstock coating and slitting business of BIC Group. Gumtac is located in Rio de Janeiro and employs approximately 35 people.
Commenting on the investment, Jouko Lähepelto, Senior Vice President, Americas & Asia Pacific said UPM Raflatac has in recent years [...]

The Brazilian government has been asked to eliminate trade barriers to foreign investments as it plans to commence its nationwide broadband investment. Brazil has been requested by European telecoms firms to ease trade barriers, as the firms seek to get a piece of the planned ambitious project to offer broadband to about 40 million users [...]

In its quest to fuel its rapid economic growth and expansion, Chinese investments have increased tremendously in Brazil, reported the Washington post. In its strategy to ensure a steady supply of resources for development, Chinese state firms are on a globe trotting prowl for investments and so far Brazil appears to be a favorite target. [...]

Brazilian giant home appliances retailer, Magazine Luiza, Wednesday denied speculations that it is in talks with its two rivals over a potential takeover. Speculation had been rife, particularly from the Brazilian newspaper, Valor Economico, that Magazine Luiza had entered talks to expand its business in the country by purchasing 100% stake in its rivals in [...]