Marking its 15th anniversary, Euro Latina Finance, a key M&A player between Europe and Latin America, closes a successful 2024 with three landmark transactions, reinforcing its stronghold in the cross-border M&A market.
Euro Latina Finance, the M&A specialist led by Hakim Aouani, closed 2024 with three major deals, further cementing its position as a leader in Europe-Latin America transactions.
The most recent deal, completed in December, involved advising on the sale of AccorInvest’s hospitality and real estate assets in Brazil to BTG Pactual Asset Management. The transaction included a portfolio of 22 hotels, featuring iconic properties such as the Fairmont Copacabana and Sofitel Ipanema, as well as mid-range and budget hotels across five states. This move aligns with AccorInvest’s strategy to focus on the economy and mid-range segments in Europe.
Earlier in the year, Euro Latina Finance advised on the acquisition of Óleos A. Azevedo, Brazil’s leading castor oil producer, by Oleon NV, a Belgian subsidiary of the Avril Group. The majority stake acquisition, structured with call and put options, includes a shareholder agreement ensuring management continuity with the founding family’s CEO remaining in place.
In Colombia, where Euro Latina Finance has been active since early 2010, the firm advised Legrand on the acquisition of UPSistemas, a key distributor of data center equipment—a sector experiencing strong growth in the region.
These transactions highlight the deepening economic ties between Europe and Latin America and reinforce Euro Latina Finance’s position as a trusted partner for multinational companies seeking cross-border opportunities.
As 2025 approaches, Euro Latina Finance expects a strong cross-border M&A market, fueled by lower valuations, high interest rates posing challenges for Brazilian investors, and an advantageous exchange rate for European buyers.