Most recent acquisitions worldwide of Cemex were Germany’s Kiesel, Canada’s Atlantic Minerals Limited and Israel’s SHTANG Recycle LTD. First, on November 1, 2023, through a subsidiary in Germany, Cemex completed the acquisition of Kiesel, a technology leader in mortars and adhesives in the construction industry based in Germany
Walmart de México y Centroamérica (Walmex) recorded a 22% year-on-year growth in its e-commerce Gross Merchandise Value (GMV) in 2023. In 2022, this company reported total sales of 813.06 billion pesos, with 5.1% of that figure coming from e-commerce. VBM (Value of Business or Merchandise) is a term
The transportation equipment sector dominated FDI directed to Mexico in 2023. Overall, 50% of FDI registered in Mexico was concentrated in the manufacturing sector. Mexico attracted US$36.058 billion of FDI in 2023. The transportation equipment sector encompasses a wide range of industries related to the manufacture, design, maintenance
The United States led the main sources of FDI to Mexico in 2023, with 38% of the total flows captured by this Latin American country. Foreign Direct Investment flows to Mexico reached 36,058 million dollars, an increase of 2.3% at a year-on-year rate. However, if extraordinary investments from
Mexico captured 36.058 billion dollars of Foreign Direct Investment (FDI) in 2023, which is 27% more compared to 2022, informed the Ministry of Economy. Mexico is open to FDI in most economic sectors and has always been one of the largest recipients of FDI in emerging markets. According
The hard discounters business model is still in its infancy in Mexico within the Modern channel. According to Nielsen, hard discounters, such as Tiendas 3B and Tiendas Neto, only accounted for 2.3% of sales in the Mexican grocery market by 2022. Although large retail players, such as Walmex