INSUBCONTINENT EXCLUSIVE:
Mexican companies are increasingly looking to diversify their operations internationally, with recent announcements of foreign investments
and acquisitions.This trend comes as businesses seek growth opportunities outside their home market
acquisitions abroad.These moves aim to strengthen their presence in markets like Brazil, Chile, and the United States
Grupo Bimbo, a leading bakery company, signed an agreement to acquire Wickbold in Brazil.This deal includes the Wickbold and Seven Boys
brands, as well as four production plants
non-binding agreement to explore acquiring assets from WOM, a telecom company, in bankruptcy proceedings in the U.S
WOM has 6.6 million subscribers in Colombia and 5.7 million in Chile.Mexican Companies Expand Abroad Amid Domestic Uncertainty
(Photo Internet reproduction)Meanwhile, Liverpool proposed increasing its stake in US retailer Nordstrom from 9.6% to 49.9%
The Mexican department store chain plans to invest about $1.2 billion in this transaction.International Expansion Amid Domestic
ChallengesThese international expansion efforts come as Mexico faces some domestic challenges
Recent judicial reforms have created uncertainty for businesses and investors.In August, Morgan Stanley recommended reducing investment in
Mexican stocks due to political risks
However, analysts note that Mexican companies have long found foreign markets attractive for diversification.Many already have significant
international operations, particularly in the U.S., Europe, and Latin America
tap into new consumer bases and potentially offset any domestic headwinds
As Mexican businesses continue to look outward, their international footprints are likely to grow.In short, this could reshape the
competitive landscape both at home and in their target markets abroad.
