In line with its “Klöckner & Co 2020″ strategy, Klöckner & Co has started its planned entry into emerging markets by acquiring a 70% share of the third-largest independent steel and metal distributor in Brazil.
The acquisition is partly conducted by way of a capital increase at Frefer Group, and thus, further funds for expansion will [...]

ScanSource, Inc., the leading international value-added distributor of specialty technology products, through its wholly-owned subsidiary, ScanSource do Brasil Participações Ltda, has entered into a definitive purchase agreement with CDC Brasil, S.A., Brazil’s leading distributor of AIDC and point-of-sale solutions.
CDC Brasil is a value-added distributor that sells only to resellers and offers many of the same [...]

In an announcement on the Sao Paolo Stock Exchange (Bovespa), US based asset management firm Manulife Asset Management (MAM) said it has acquired a 5% stake in Brazilian logistics business LLX Logística. LLX Logistica is controlled by Brazilian tycoon Eike Batista. Under the purchase agreement, Manulife bought 34.8 million shares of LLX.
Manulife manages funds from [...]

Crown Holdings, Inc. is to establish a beverage can plant in Belem, Brazil via its Brazilian subsidiary Crown Embalagens S.A. Crown Holdings is a leading supplier of metal packaging products worldwide.
The plant will produce two-piece aluminum beverage cans in multiple sizes and is expected to be operational in the first quarter of 2012. The new [...]

Equity International has closed a US$58 million investment in Brazil’s GuardeAqui. Equity International is a privately held investor and builder of world-class companies outside of the United States. The Brazilian firm is a privately owned self-storage company based in São Paulo. The investment brings the number of Equity International’s portfolio companies in Brazil to six.
GuardeAqui [...]

Chinese firm State Grid announced it had bought seven Brazilian power distributors for a $1 billion, the latest in a string of Chinese takeovers of South American energy assets betting on rapid growth. State Grid has also won a 30-year license to operate power lines and other infrastructure in Brazil’s heavily populated southeast, the Chinese [...]

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 [...]