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MERGERS & ACQUISITIONS
MEXICO
MONTHLY ISSUE
2018NOVEMBER
Seale & AssociatesCreative Solutions. Trusted Advice.
24
14
18
27
2119 18
16
12 11
15
6
Dec17'
Jan18'
Feb18'
Mar18'
Apr18'
May18'
Jun18'
Jul18'
Aug18'
Sep18'
Oct18'
Nov18'
$23.2
$15.8
$8.6
$11.4
$9.4
$7.4
2014
2015
2016
2017
Nov YTD. '17
Nov YTD. '18
SUMMARY OF MERGERS & ACQUISITIONS IN MEXICO
In November 2018, 6 transactions were announced in Mexico, an increase of 60% over last
month. Also, total reported deal value was US$185 million. Total deal volume and deal value
as of November 2018 were 177 and US$7,381 million respectively, representing a decrease
in deal value of 21% and a decrease of 18% in deal volume over the same period last year.
229
226
210
240
216
Mexico M&A November 2018Seale & Associates
Creative Solutions. Trusted Advice.
177
Sources: Capital IQ, Mergermarket
Deal Volume in Mexico
# of Transactions per Month
Deal Volume and Value in Mexico
Annual Transactions (US$ billion)
$7.3
$13.4
$9.6
$8.9
$8.7
$4.8
2014
2015
2016
2017
Nov YTD '17
Nov YTD '18
A Mexican company completed 1 acquisition outside of Mexico with a reported value of US$238
million. November year to date volume of announced transactions was 40 with a combined
reported value of US$4,752 million, representing a decrease in value of 45% and an increase in
volume of 18% compared to the same period last year.
53
47
49
39
34
Seale & AssociatesCreative Solutions. Trusted Advice.
40
Sources: Capital IQ, Mergermarket
Deal Volume of Mexican CompaniesAcquiring Abroad
# of Transactions per month
Deal Volume and Value of Mexican CompaniesAcquiring Abroad
Annual Transactions US$ billion
SUMMARY OF MERGERS & ACQUISITIONS BY MEXICAN COMPANIES ABROAD
Mexico M&A November 2018
0
2
4
6
8
10
Dic17'
Ene18'
Feb18'
Mar18'
Abr18'
May18'
Jun18'
Jul18'
Ago18'
Sep18'
Oct18'
Nov18'
62
26
23
23
17
14
12
Others
Real Estate
Minery
Financial
Energy
Industrial
Consumer Goods
Sources: Capital IQ, MergermarketSeale & Associates
Creative Solutions. Trusted Advice.
*
SUMMARY OF MERGERS & ACQUISITIONS BY INDUSTRY
Real Estate lead M&A activity in Mexico during 2018 with 26 announced transactions,
representing 15% of total volumen, respectively. Meanwhile, the industrial sector and
consumer godos sector lead total acquisitions of Mexican companies abroad with 10
transactions announced respectively.
Deals in Mexico by Industry
YTD October 2018 Transactions 2018: 177
Representative International Acquisitions by Mexican Companies
YTD October 2018 Transactions: 40
*Telecommunications, Oil & Gas, Industrial, IT, Infrastructure and Healthcare
10
7
3
1
5
2
110
INDUSTRIALOIL & GAS
IT
CONSUMER GOODS
HEALTH
ENERGY
REAL ESTATE
OTHERS
1FINANCIAL
Mexico M&A November 2018
Deal Summary Target Buyer
An undisclosed buyer announced the acquisition of 52% stake of JW Marriot Hotel, Mexico City to Host Hotels & Resort, an American investment trust, for US$183 million
Grupo Evya S.A.P.I. de C.V., a Mexican oil infrastructure company, announced the acquisition of 50% stake of Dictamismo S. de R.L. de C.V., charter services in Mexico, for US$2.3 million
Chromaflo Technologies Corp., chemical and pigment products in the US, announced the acquisition of Central de Colores PlásticosS.A. de C.V., products for the plastic industry based in Mexico, for an undisclosed amount
Nucor Corporation, steel products based in the US, announced the acquisition ofCorporación Pok S.A. de C.V., for an undisclosed amount
Sources: Capital IQ, MergermarketSeale & Associates
Creative Solutions. Trusted Advice.
REPRESENTATIVE TRANSACTIONS IN MEXICO
Mexico M&A November 2018
UndisclosedBuyer
Mexico City
DictamismoS. de R.L. de C.V.
Deal Summary Target Buyer
RLH Properties S.A.B. de C.V., a Mexican company that focuses on the acquisition of hotel assets, announced the acquisition of Hotel Villa Magna, hotel in Madrid, Spain, for US$238 million
Sources: Capital IQ, MergermarketSeale & Associates
Creative Solutions. Trusted Advice.
REPRESENTATIVE INTERNATIONAL ACQUISITIONS BY MEXICAN COMPANIES
Mexico M&A November 2018
DEAL OF THE MONTH
RLH PROPERTIES S.A.B. DE C.V., ANNOUNCED THE ACQUISITON OF
HOTEL VILLA MAGNA
On November 26, 2018 RLH Properties S.A.B. de C.V., a Mexican
company that focuses on the acquisition of hotel assets, announced
the acquisition of Hotel Villa Magna, hotel in Madrid, Spain, for
US$238 million
BUYER
SPECIALIZED IN LUXURY HOTELS
Hotel Villa Magna was founded
on the 70´s on Paseo de la
Castellana, Madrid
The hotel has 150 rooms,
which represents a cost of
US$1.6 million per room
It is one of the largest hotel property purchase in
Spain in the last decade
BASED IN MEXICO CITY
FOUNDED IN 2013
TARGET
LOCATED IN MADRID, SPAIN
FOUNDED IN 1973
Sources: Capital IQ, MergerMarket, ExpansiónSeale & Associates
Creative Solutions. Trusted Advice.
RLH Properties has in its
portfolio the Four Seasons
Hotel in Mexico City,
Rosewood Mayakoba,
among others
150 ROOMS
Mexico M&A November 2018
DEALS IN MEXICO IN NOVEMBER 2018
Sources: Capital IQ, MergermarketSeale & Associates
Creative Solutions. Trusted Advice.
Telecommunications IT Oil & Gas
Mining Real Estate Others Financial EnergyConsumer
GoodsIndustrial Infrastructure Healthcare
Mexico M&A November 2018
Seale & AssociatesCreative Solutions. Trusted Advice.
Sources: Capital IQ, MergermarketSeale & Associates
Creative Solutions. Trusted Advice.
REPRESENTATIVE INTERNATIONAL ACQUISITIONS BY MEXICAN COMPANIES IN NOVEMBER 2018
Telecommunications IT Oil & Gas
Mining Real Estate Others Financial EnergyConsumer
GoodsIndustrial Infrastructure Healthcare
Mexico M&A November 2018
REPRESENTATIVE MEXICO ENGAGEMENTS
Washington, D.C. | Mexico City | Monterrey
to
Holding company of
merged its
beverage division
with
has merged with
a business of
has partnered with
a subsidiary of
has sold
to
its sanitaryware business
and
a business unit of
has sold
Cosmocel Química
to
intelectiva®
has acquired
KFC Costa Rica
from
sold
to
sold
to
Grupo Galaz, S.A de C.V.
dealers of
has partnered with
workshop and store in
Mexico City from
Acquisition
Advisory
Services
Corporate
Finance
Advisory
Services
has formed a partnership in
the casting tools business
between
and
has acquired
has acquired
has been acquired by
has been acquired by
has acquired
has acquired
has acquired
has been acquired by
has been acquired by
merged its
beverage division
with
Acquisition
Advisory
Services
has carved out and sold
its concrete pumping
assets in Mexico
has formed a
partnership to market
and develop oil storage
and distribution in
Mexico with
Corporate
Finance
Advisory
Services
Corporate
Finance
Advisory
Services
acquired a 61% stake on
Acquisition
Advisory
Services
Corporate
Finance
Advisory
Services
Since 1999, Seale & Associates has been the trusted advisor to
highly respected public and private companies from around the
world, with a track record of success in a diverse range of
industries. Seale is an elite boutique global investment banking
firm with extensive experience in mergers and acquisitions
(M&A), corporate finance advisory, and enterprise level
strategy consulting. Our experienced team of professionals are
committed to serving clients with excellence and integrity,
while offering innovative ideas and solutions to address
complex dealings. All securities related transactions are cleared
through Seale Capital, Inc., a registered broker dealer and
member of FINRA and SIPC.
ADVISOR TO LEADING COMPANIES WORLDWIDE
CONTACT INFORMATION
950 N. Glebe RoadSuite 950Arlington, Virginia 22203Phone: +1 (703) 294 6770
37, Moliere GranadaMexico City, 11520Phone: +52 (55) 8000 7463
Please contact us if you would like further information about M&A trends and/or specific transaction multiples for your industry.
Washington, D.C. | Mexico City | Monterrey
Mexico ContactInformation
Established presence in
Monterrey , Mexico
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* Multiple engagements
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1999
Founded
2016 2017 2018
James A. Seale
President
Brett M. Carmel
Senior Managing Director & Co-Founder
Felipe Bueno Viesca
Senior Director
Sergio Garcia del Bosque
Managing Director
Adan Sierra
Vice President
Carlos Hernandez
Vice President
Alejandro Montemayor
Associate
Sofia Felix
Business Development
Armando RiosAnalyst
Diego PerezcanoAnalyst
Miguel LealJunior Analyst
Diego HernandezJunior Analyst
Alberto LopezAnalista Junior
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