Tech Mahindra, an Indian multinational information technology company, has established Google Cloud delivery center in Guadalajara, Mexico in line with its NXT.NOW framework. To be dedicated to Google Cloud-centric solutions, the new delivery center will enable customers across the Americas to renovate infrastructure and manage workloads with differentiated accelerators, Cloud Native, and Open-Source technologies. In […]
Sempra Infrastructure, an arm of North American energy infrastructure company Sempra, has received permission from the US Department of Energy (DOE) to re-export US-sourced liquefied natural gas (LNG) from Mexico to non-Free Trade Agreement (FTA) countries through the company’s plants Energía Costa Azul (ECA) LNG and Vista Pacifico LNG. Under the DOE’s permits, Vista Pacifico […]
Golden Tag Resources, a Canadian mineral resource exploration company, has agreed to acquire the La Parrilla Silver Mine Complex in Mexico from First Majestic Silver for $33.5 million. Spanning 69,478 hectares, the La Parrilla Silver Mine Complex is located in San Jose de la Parrilla in Durango. It is a 100% permitted past producing mine […]
US-based Atlas Renewable Energy’s 300MW La Pimienta solar plant is now fully operational, making it the second-largest operational solar facility in Mexico. The La Pimienta solar power plant will cater to the energy requirements of the Yucatan peninsula. The $340 million La Pimienta solar power project consists of over a million solar panels, spanning over […]
Tequila Cazadores, owned by Bacardi, has introduced Tequila Cazadores 100 Year Estate Release in the US to commemorate the 100-year anniversary of the brand’s original reposado recipe. The secret recipe was first created in 1922 in the Highland town of Arandas in Jalisco, Mexico, and is still used to produce every single bottle of Tequila […]
Aon plc has acquired Evaluación de Riesgos Naturales (ERN), a Mexico-based provider of risk assessment modeling for an undisclosed price. The acquisition is expected to help the global professional services firm expand its catastrophe modeling and consultancy capabilities in Latin America. Through the acquisition, Aon aims to bring further value to its insurer clients, which […]
SilverCrest Metals, a Canadian precious metals exploration and production company, has started commercial production at its Las Chispas Mine in Sonora, Mexico. The miner has embarked on commercial production after successfully operating the processing plant at a minimum capacity of 80% for its nameplate design of 1,250 tonnes per day (tpd) or 1,000tpd during the […]
WestRock Company, a paper and packaging solutions provider, has agreed to acquire the remaining stake of 67.7% in Grupo Gondi, a Mexico-based manufacturer of recycled paper and cardboard packaging, for a price of $970 million. The consideration includes the assumption of the latter’s debt. The deal gives an estimated implied enterprise value of $1.763 billion […]
Arkema, a French specialty chemicals company, has agreed to acquire Polimeros Especiales, an emulsion resins producer in Mexico, for an undisclosed price. Polimeros Especiales is engaged in producing high performance waterborne resins for a variety of applications in markets like textiles, decorative and architectural paints, construction, and pressure sensitive adhesives. In 2021, the Mexican emulsion […]
Accenture has acquired a Spain-based supply chain consulting firm called Alfa Consulting that specializes in operations strategy in capital intensive industries. The financial terms of the deal were not disclosed. Alfa Consulting is headquartered in Barcelona and has offices in Madrid and Mexico as well. The supply chain consulting firm is said to have wide […]