M&A Deal Summary |
|
|---|---|
| Date | 2016-05-04 |
| Target | Petrobras Energia - Chile Assets |
| Sector | Distribution |
| Buyer(s) | Southern Cross Group |
| Sellers(s) | Petroleo Brasileiro |
| Deal Type | Divestiture |
| Deal Value | 490M USD |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Southern Cross Group is a private equity firm that seeks investment opportunities in Latin and South America. Southern Cross only invests in control situations and does not focus on any specific industry. Southern Cross Group was formed in 1998 and is based in Greenwich, Connecticut with additional offices in Argentina, Chile, Mexico, and Brazil.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 28 |
| Sector (Distribution) | 1 of 1 |
| Type (Divestiture) | 3 of 3 |
| Country (Chile) | 10 of 11 |
| Year (2016) | 3 of 3 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-01 |
Ecoser
Quilicura Santiago, Chile Ecoser is the third largest industrial waste collection company in Chile with strong presence in Santiago and presence in over 7 regions across the country. The company serves a wide and largely diversified set of customers (over 500 nationside) providing strong revenue resilience. It is also operated with high operational standards vs. competitors allowing it to maintain strong operational margins while offering competitive prices. The company is fully focused on serving directly and exclusively industrial clients with which it handles relationships directly rather than relying on municipal waste bidding processes. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-01 |
Super xtra
Panama City, Panama Super xtra is a food retail chain in Panamá with a strongly articulated “everyday low price strategy”. The company is focused on serving the growing low-middle class in Panamá driven by the strong performance of the country’s economy. The company operates a network of 14 stores nationwide through an efficiently-run supply chain and logistics platform. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1953 |
| Sector | Oil/Gas Exploration |
| Employees | 49,050 |
| Revenue | 53.7B BRL (2020) |
Petroleo Brasileiro is an entity which through its subsidiaries, engages in the exploration, exploitation, and production of oil from reservoir wells, shale, and other rocks. Petroleo Brasileiro was founded in 1953 and is based in Rio de Janeiro, Brazil.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Distribution) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Chile) | 1 of 1 |
| Year (2016) | 2 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-04 |
Petrobras Energía - Argentina Assets
Argentina Petrobras Energía - Argentina Assets include some 30 upstream contracts, a network of service stations, the 30,500 b/d Bahia Blanca refinery in Buenos Aires province, a petrochemical plant in Santa Fe province. The company also holds interests in the power sector, operating the 825MW Genelba combined-cycle plant in Marcos Paz, Buenos Aires province and the 245MW Pichi Picun Leufu hydroelectric plant in Neuquen province, and holds minority stakes in thermal plants. |
Sell | - |
