June 5, 2019 |
M&A activity is expected to grow in Monterrey, Mexico this year as a number of large companies make acquisitions and the economic outlook remains healthy, LatinFinance has heard.
In the state of Nuevo León, where Monterrey is the capital, M&A volumes rose 15% year-on-year to around $1.5bn in the first quarter, according to Daniel Guiot, a partner at the M&A advisory firm RIóN.
"The market has grown strongly in the last three to four years, which is why we just opened an office in M
Advisory firm RIóN opens a new office in the northern city to attend a growing market