The CFO who empowered Mexico’s Gruma
Sixty-six years after its founding, Gruma finds itself at its best moment ever, thanks to a financial strategy that enabled it to boost the value of its shares by 550 percent in just two and a half years. Behind this program, which was implemented in December 2012, is Raúl Cavazos Morales, Corporate Director of Finance and Strategic Planning at this manufacturer of corn flour and tortillas, and to whom Latin Trade Group recently awarded the prize for 2015 CFO of the Year. Click here for the full story.
Suramericana’s move to expand in Latin America
Earlier this month, Suramericana S.A., the largest insurer in Colombia and Central America, announced a significant milestone after acquiring the Latin American assets of UK-based RSA Insurance Group. Once approved by regulators in the course of 2016, the $614 million transaction will turn the 70-year old, Medellin-based insurer into a larger multilatina, with over $3.3 billion in premiums. Latin Trade spoke with Suramericana President Gonzalo Pérez Rojas, for his insight into what the move means for the company. Latin Trade reports.
Lego joins the pieces to conquer Latin America
The Danish firm Lego wants to up its game in the Latin American market. On one hand, it’s keeping in place the expansion of its only plant in the region, located in Mexico, and on the other it has made its entry into Brazil official by setting up its own sales office. Latin Trade spoke with the company’s Executive …
Subscribe to latin trade magazine
Click here to begin a subscription for Latin Trade magazine, available both in print and online.
Subscribe to lt.com
Click here to begin an online subscription to LT.com, with its extensive ranking, indices, and market intelligence on Latin America.
Subscribe to free Newsletter
Subscribe here to our free newsletter – getting the latest business headlines from Latin America in your inbox every day.