Ares Management Corporation, a leading global alternative investment manager, has announced its subsidiarys definitive agreement to acquire Walton Street Capital Mexico, a top real estate asset management platform in Mexico focusing on the industrial sector. With $2.1 billion in assets under management, Walton Street Mexico has a strong track record in industrial real estate transactions…
Bendito Resources Inc. has finalized the purchase of a 500 tpd zinc, lead, and silver flotation plant for the Oposura Project in Mexico with the financing support of Ocean Partners. The plant and equipment were acquired to support the production of Zn and Pb concentrates starting in 2025 as part of the East Deposit PreFeasibility…
Aslan Energy Capital (Aslan Energy) has taken a significant step towards sustainable energy production by signing an MOU for the acquisition of 35,000 hectares of land in Sonora, Mexico. The land will be used for the ANEM (Aslan Netzero Energy Mexico) Project, a solarbased green hydrogen and green ammonia production facility aimed at revolutionizing Mexicos…
FIBRA Macquarie (FIBRAMQ), a real estate investment trust listed on the Mexican Stock Exchange, has announced a new ordinary holders meeting to discuss the proposed combination of its portfolio with that of FIBRA Terrafina. The meeting, scheduled for July 8, 2024, will address the potential benefits of the merger, including the creation of the largest…
Sierra Metals, a Canadian mining company focusing on copper production with base and precious metals credits in Peru and Mexico, has successfully refinanced its $75 million longterm debt facility and signed a new $95 million facility. The funding will be utilized to repay the existing loan and allocate an additional $20 million towards highreturn capital…
FIBRA Macquarie México (FIBRA Macquarie) has announced plans to convene a meeting for holders of the real estate trust certificates identified with ticker FIBRAMQ 12 to discuss a proposed combination of portfolios with FIBRA Terrafina. The strategic acquisition aims to create the largest institutional FIBRA in Mexico, offering enhanced scale in the industrial real estate…
NexGen Mining Incorporated has signed an extension to its nonbinding letter of intent to acquire Electrum Copper Corp., an exploration and development company owning the Candela and Don Indio Projects in Mexico. The agreement aims to enter into definitive agreements by December 31, 2024, subject to due diligence and negotiation terms.
Applied Industrial Technologies has successfully completed the acquisition of Grupo Kopar, a provider of automation technologies and engineered solutions based in Monterrey, Mexico. The acquisition, which closed on May 1st, marks a strategic expansion of Applieds automation platform into Mexico. Kopar is a leader in robotics, machine vision, and IoT applications, serving customers in various…
Sulpayments Switzerland and GameCash Mexico have announced their consolidation under a unified holding structure. This strategic move aims to leverage synergies between the two companies, combining Sulpayments expertise in secure and efficient payment solutions with GameCashs stronghold in the gaming industry. Under this unified structure, Sulpayments and GameCash will maintain their distinct identities and operations…
Silver Storm Mining Ltd., a company holding advancedstage silver projects located in Durango, Mexico, announced an increase in the size of its nonbrokered private placement offering. The offering, expected to reach up to $6,100,000.06, involves the sale of units at a price of $0.11 per unit. The company plans to use the proceeds to advance…