Radar > 224795

Nemak seeks authorization for IPO

Nemak solicita autorización para OPI

Intel ID : 224795
Synopsis

Nemak, an auto parts manufacturer based in Nuevo León, has sought authorization from the Mexican stock exchange, Bolsa Mexicana de Valores, to launch an IPO, reported Reuters Latin America on 4 May, 2015.

Nemak's holding company, Alfa, had already said in February it hoped to list two subsidiaries in 2Q15 or 3Q15 to finance energy projects (see related intel).

Alfa hopes to raise around USD 1bn from Nemak's IPO and from the IPO of Sigma Alimentos, a food manufacturer based in Nuevo León, the report stated.

Alfa also has a controlling stake in Alpek, a petrochemicals company, telecom Alestra, and energy company Newpek.
(content in spanish)

Nemak, fabricante de autopartes con sede en Nuevo León, habría solicitado la autorización de la Bolsa Mexicana de Valores para una OPI, ha publicado Reuters América Latina el 4 de mayo de 2015.

La empresa matriz de Nemak, Alfa, ya había dicho en febrero que esperaba lanzar OPI de Nemak y Sigma durante el segundo o tercer trimestre de 2015 para financiar proyectos de energía (ver radares relacionados).

Alfa espera recaudar USD 1.000m de la OPI de Nemak y de la OPI de Sigma Alimentos, fabricante de alimentos con sede en Nuevo León.

Alfa también controla la petroquímica Alpek, la telefónica Alestra y la empresa energética, Newpek.

Issuer

Nemak
Mexico

Intel ID 224795
Value ND
Native Currency Mexican Peso (MXN)
Exchange Rate:
Financial Data - Nemak
(31 Dec 2017)
Revenue: EUR 3.733,54m
EBITDA: EUR 595,73m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Issuer

Name
verified
Subsector (Old TTR Sectors)
Industry / Automotive and Recreational Vehicles (Primary)
Primary Sector (TTRSC)
35.02.02 Automotive Parts & Accessories
35 Industrials / 35.02 Automotive

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Industry / Food (Primary)
Industry / Chemical and Chemical Materials
Technology and Telecoms / Telecoms
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Secondary Sectors (TTRSC)
15.07.03 Dairy Products
15 Consumer Products & Services / 15.07 Food

15.07.09 Processed & Packaged Foods
15 Consumer Products & Services / 15.07 Food

20.02.05 Oil & Gas Exploration & Production (Upstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

55.02.05 Plastics
55 Raw Materials & Natural Resources / 55.02 Chemicals

55.06.04 Synthetic Textiles
55 Raw Materials & Natural Resources / 55.06 Textiles, Fibers & Related Materials

60.02.01 Integrated Communication Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
40.03.08 IT Security & Biometrics
40 Information Technology / 40.03 Internet, Software & IT Services

Secondary Sectors (TTRSC)
40.03.07 IT Consulting, Development & Outsourcing
40 Information Technology / 40.03 Internet, Software & IT Services

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Industry / Glass, Ceramic, Paper, Plastics, Wood and Timber (Primary)
Primary Sector (TTRSC)
55.02.05 Plastics
55 Raw Materials & Natural Resources / 55.02 Chemicals

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Country
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Industry / Food (Primary)
Primary Sector (TTRSC)
15.05.08 Food & Beverage Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  
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Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.