Welcome to Mergermarket's annual Mexico Forum
Acquisition opportunities have proliferated in Mexico thanks to a steadfast commitment to economic liberalization and reforms encouraging foreign investment. The country now ranks as the 17th largest market for Foreign Direct Investment (FDI) globally. Nowhere is this more obvious then with the domestic energy sector. Since opening the oil and gas industry to foreign capital and development in 2014, five auctions have taken place. The most recent, in June, saw 10 oil exploration and production contracts awarded to bidders that include some of the world's major oil companies. Foreign investors can be reassured that the country’s growing US$6.9bn account deficit will be funded by FDI and foreign loans, primarily from the US, Spain and The Netherlands. This in turn will help to boost the productivity of transportation, manufacturing, consumer, power and energy sectors.
The enactment of liberalization policies and other reforms over the last few years have prompted cautious investors to shrug off concerns around Peso volatility, cartels and political relations with its northern neighbor. In fact, Credit Suisse recently revised its projections for 2017 Mexico GDP expansion to 2.4% from 1.7%. In a Mergermarket DealDrivers publication that surveyed industry practitioners, many predicted an acceleration of M&A activity in 2H17, especially in the mid-market segment of the economy.
Please join the Mergermarket team and esteemed panelists in this exploration of investment and M&A opportunities throughout the Mexican landscape.