Mergers & Acquisitions

Most of our transactions are private and subject to non disclosure limitations. Following is a brief description on those that have been released:

  • Cemix’s Acquisition of TexRite. We executed the acquisition of this leading Texas regional grout and thinset player and consolidated our client’s SOM in the US. November 2011.
  • Cemix’s Acquisition of Mega Concretos. We executed the acquisition of this regional concrete player and further consolidated our client’s SOM in this sector. November 2011.
  • Cemix’s Acquisition of UltraKote. We executed the acquisition of this leading Arizona regional stucco player and opened the US market to our client. July 2011.
  • Sale of Expogranos Mexicanos. We represented the shareholders of Mercon Coffee (a global green coffee processor) in this sale by conducting an international search / bid process for the country’s third leading dry mill group. Olam International, a Singapur-based global leader in agricultural products trading acquired this company. December 2010.
  • Bronceadores Supremos - Playtex JV Dissolution. We were retained by the Mexican distributor partner of these sun care products to negotiate termination terms with Energizer Corp. as a result of its acquisition of Playtex worldwide business. A successful, friendly handover was achieved with minimum disruption of business for both parties. July 2008.
  • Fondika’s Strategic Equity JV with Allianz. We represented the shareholders of this rapid growing, 2nd largest independent fund distributor with U$ 130 million in AUM in their strategic capital JV with Allianz. February 2008.
  • Grupo Proeza’s Acquisition of 40% of Metalsa. We were retained as internal financial advisor for the minority equity acquisition of this leading North American automotive chassis manufacturer from Tower Automotive / Cerberus. December 2007.
  • Southern Cross Fund Acquisition of Multi Medios Cinemas. We advised the fund on identifying candidates for their entry into Mexico and handled their introduction to the owner of the country’s 3rd largest cinema chain. Sixteen months later, this investment was resold at a significant profit to a local real estate group. October 2006.
  • Sale of Hipotecaria Vanguardia. We represented the shareholders of this rapid growing mortgage institution with assets of U$ 100 million in its sale to Banco del Bajío, a middle size regional bank in Mexico. Transaction consideration of U$ 28 million. March 2005.
  • Cemix’s Acquisition of Plastinak. We executed the acquisition of this leading regional rotomolded water tanks player and further consolidated our client’s SOM in this sector. July 2004.
  • Sale of Super Lustre Household Cleaning Products Distribution Company. We represented the shareholder of this specialized importer and distributor. Vantex, a JV between a local group and Corazzi (Italy), acquired the company to consolidate its shelf space presence in the modern trade channel. October 2002.
  • Cemex’s Acquisitions of 2 Hydrated Lime Companies. We executed the separate acquisitions of 2 leading players in Mexico, completing these over a period of 6 months. By not disclosing the identity of our client, it was able to capture a significant SOM of this industry at favorable prices. November 2001 and May 2002.
  • Sale of Grupo Industrial Phillips Lock Companies. We represented the shareholders of the country’s leading lock manufacturer in the sale process by conducting an international search / bid process for this U$ 70 million in sales group. Assa Abloy of Sweden was the acquirer, subject to a number of conditions set by the Federal Antitrust Commission for its approval. September 2001.
  • Manufacturing Alliance among the Leading Metal Fabricators in Mexico and the US. We advised Consorcio Industrial in the search and negotiation process for a strategic alliance with a global partner. As a result of the alliance, St. Louis, Mo. - based Nooter Corp, the leading US large-scale, high-end metal fabricator, transferred all its manufacturing activity for the Americas to lower-cost Consorcio’s plant in Monterrey. August 2000.
  • Sale of Salinas y Rocha Consumer Durable Retailing Chain. The financial creditors of this nationwide 100-plus chain of stores with sales of U$ 200 million engaged Shankar Dadoo to conduct, as Chairman and CEO, the bidding and closing process for this sale. Elektra acquired the company for U$ 78 million. March, 1999.
  • Sale of Disston and Metromex Hand Tool Companies. The shareholders of these separate companies with combined sales of U$ 17 million engaged us to conduct the valuation and sale processes, as well as the search for the potential investors. Cooper Industries acquired these companies for U$ 20 Million. December, 1998.
  • Metalsa’s Joint Venture with Tower Automotive in the Autoparts Industry. The shareholders of Metalsa, a leading North American chassis company based in Monterrey, with sales of U$ 160 million, requested our advice in their strategy and selection of an international financial advisor to guide them in the sale of 40% of its equity to a foreign technology partner. We introduced, facilitated the relationship, and acted as co-advisor to Violy, Byorum & Partners. Tower Automotive was selected and became Metalsa’s JV partner for Mexico and Latin America expansion. October, 1997.
  • Sale of a 500-room Resort Hotel Property. An international corporate client that held a security interest right to a U$ 25 million property retained us for the business valuation and introduction / negotiation with potential acquirers of this four-star hotel, as well as for its financial restructuring. November 1996.
  • Marriott’s Bid for the Acquisition of Bancomer’s Westin Regina Hotels. We proposed to Bancomer the benefit of the sale of these 3 luxury resort properties (U$ 350 million original investment) and were retained as co-advisor to Marriott’s agent, JD Wolfensohn Inc, on its bid as well as due diligence and valuation activities. May 1995.
  • TransUnion Joint Venture into the Banking Credit Reporting Bureau. The Datum Bureau was jointly owned by Mexican private banking system members. Its then 10 million individuals' database of credit card, auto and consumer loans was the largest in the country. Shankar Dadoo was retained as CEO to overhaul the operations and search for a foreign technological entity to modernize the data reporting process. TransUnion of the US acquired a 40% equity participation in the resulting JV. March 1995.
  • Labatt’s Acquisition of an Equity Stake of Brewer Femsa Cerveza. A 22% equity stake was acquired for U$ 510 million by this Canadian brewer. We were retained as facilitators in the due diligence process by Labatt’s investment bank, JD Wolfensohn Inc. Our role consisted of streamlining and facilitating the information exchange process, as well as of assisting Labatt to focus on the key domestic elements of information needed to raise their comfort level on this transaction. October 1994.
  • Corimon’s Acquisition of General Paint. This Venezuelan private petrochemical group was undertaking a Latin America acquisition strategy. We were requested by Morgan Stanley to act as country advisors to Corimon. We performed the identification and initial evaluation of different target Mexican companies as well as facilitated the initial approach, negotiation, and due diligence process. With sales of U$ 15 million, General Paint was acquired from AKZO Group of Holland. August 1994.
  • Sale of the Printing Business Unit of Bancomer. With U$ 25 million in sales, these companies manufacture business forms, checkbooks, credit card plastics, and other stationary products for in-house use as well as for third parties. Shankar Dadoo streamlined these operations, and headed the sale process to a large local printing investor group. October 1993.