M&A Deal Summary

Southern Cross Group Acquires Brinox

On May 25, 2011, private equity firm Southern Cross Group acquired consumer products company Brinox

Acquisition Highlights
  • This is Southern Cross Group’s 1st transaction in the Consumer Products sector.
  • This is Southern Cross Group’s 2nd transaction in Brazil.

M&A Deal Summary

Date 2011-05-25
Target Brinox
Sector Consumer Products
Buyer(s) Southern Cross Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Brinox

Caxias do Sul, Brazil
Brinox is a stainless steel homeware products producer. Brinox manufactures, imports and sells stainless steel, plastic and aluminum products such as kitchen tools & utensils, pots, cutlery, trays and bowls, table and bathroom accessories. Brinox is based in Caxias do Sul, Brazil.

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Buyer(S) 1

DESCRIPTION

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 15 of 28
Sector (Consumer Products) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 15 of 22
Country (Brazil) 2 of 4
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-26 Javer S.A.P.I de C.V.

Monterrey, Mexico

Javer S.A.P.I de C.V. is a homebuilder in Mexico and a supplier of Infonavit homes. The company develops close to 20,000 thousand houses per year in key states such as Nuevo Leon (Monterrey), Jalisco (Guadalajara), Queretaro, Aguascalientes and the state of Mexico. Javer was established in 1973 and is based in Monterrey, Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-01 Campanario Generacion

Las Condes, Chile

Campanario Generacion is a thermoelectric power plant located close to the city of Concepcion, Chile with a capacity of 120 MW. Its gas turbines, currently operating in open cycle mode, are capable of burning both natural gas and diesel.

Sell -