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Industry News

Southern Cross Takes Controlling Stake in Brazil-based Brinox

25 May 2011

(Valor Economico) May 25, 2011 –Argentina-based fund manager, Southern Cross, bought a majority stake in Brazil-based Brinox, a manufacture of kitchenware. The financial terms of the deal were not disclosed.

Rodrigo Lowndes, co-director of Southern Cross Brazil noted that the goal will be to leverage the company’s strong brand and the growth of the sector through acquisitions, new product development and an increase in exports.

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