The Changing Face of Strategic Alliances in Latin America
Strategic alliances are more important than ever for Latin American companies that wish to grow and compete in a global marketplace. At the same time, multinational corporations from outside the region in search of their own growth opportunities continue to forge alliances and acquire companies to gain entry into Latin America and other parts of the world.
Strategic alliances are more important than ever for Latin American companies that wish to grow and compete in a global marketplace. At the same time, multinational corporations from outside the region in search of their own growth opportunities continue to forge alliances and acquire companies to gain entry into Latin America and other parts of the world.
Latin America was a hotbed of alliance and merger & acquisition activity through the 1990s. Non-Latin multinational ownership in the top 500 Latin American companies grew from 25% of sales in 1991 to 38% in 1999, as global MNCs pursued alliances and aggressively acquired privately-held local companies and state-owned enterprises. Locally, the pressure continues to be intense on Latin American firms to consolidate and to seek the best possible alliance partners as an integral component of their growth strategies.