Contributed By Ferrere Abogados
The retail, agribusiness and technology industries experienced significant M&A activity in 2017/2018.
The two biggest transactions in 2017 were in the agribusiness sector: the sale of Weyerhaeuser's forests and industries in Uruguay to BTG Pactual for USD402.5 million and the sale of the largest, state-of-the-art slaughterhouse and meatpacking plant in Uruguay – Breeders & Packers Uruguay (BPU) – to Japanese NH Foods for USD135 million.
Major transactions in 2018 included the acquisition by Coca-Cola FEMSA (the largest Coca-Cola franchise bottler in the world by sales volume) of Montevideo Refrescos S.R.L. from The Coca-Cola Company for USD250.7 million.