While 2013 was characterised by a hyperactive equity market in Mexico, buoyed by fairly positive signs from capital markets in Brazil, 2014 represented a gloomier affair.
The acquisition accelerates Legrand's expansion in Brazil, following the acquisition of SMS in 2011, in line with Legrand's strategy of targeted, self-financed acquisitions of small and mid-size companies with leading market positions.
This article offers a comprehensive analysis of acquisition finance in Latin America, focusing on the balance between efficient financing and payment certainty in structuring such finances.