KPMG Brazil relevant experience in mergers & acquisitions
Client
Description
Havas Advertising International S.A.
(2004)
Canada Life Assurance Company
2
(2004)
Rigesa, Celulose, Papel e Embalagens
3
Ltda. (2004)
1
4 Unilever (2004)
5 Unilever (2004)
6 Usina São Carlos (2004)
7
SVM Participações e
Empreendimentos Ltda. (2004)
8 Unilever (2004)
9 Usati (2004)
10 Unilever (2003)
11 Unilever (2003)
12 Unilever (2003)
13 Cobrisa Participações (2003)
Sale of the shareholding interest of AGE
Comunicações S.A.
Sale of 100% of its interest in Canada Life
Previdência and Seguros S.A. to Icatu Hartford
Acquisition of Tilibra S.A. Produtos de Papelaria
Sale of “Gourmet” trademark and related
businesses to Cargill Agrícola S.A.
Sale of “Jurema” and "Jussara" trademarks and
related businesses to Brasfrigo S.A.
Transfer of 100% of the sugar and alcohol industrial
operation to Coinbra (Louis Dreyfus).
Acquisition of Companhia Energética do Maranhão CEMAR by GP Investimentos from Pennsylvania
Power & Light.
Sale of a non-operating household cleaning
products plant to Monte Cristalina S.A.
Transfer of 100% of the sugar refining operation to
Cosan.
Sale of “Mazola” trademark and related businesses
to Cargill Agrícola S.A.
Sale of “Lin Tea” trademark and related businesses
to Yoki Alimentos S.A.
Sale of “Saúde” trademark and related businesses
to Siol Alimentos Ltda.
Sale of the shares of Cobrisa in Sabrico S.A. and
SLBN S.A. to SLN - Sociedade Lusa de Negócios,
SGPS S.A.
KPMG
Exclusive financial advisor for Havas Advertising
International S.A.
Exclusive financial advisor for Canada Life
Assurance Company
Exclusive financial advisor for Rigesa, Celulose,
Papel e Embalagens Ltda.
Exclusive financial advisor for Unilever
Exclusive financial advisor for Unilever
Exclusive financial advisor for Usina São Carlos.
Co-financial advisor for SVM Participações e
Empreendimentos Ltda.
Exclusive financial advisor for Unilever
Exclusive advisor for Usati’s shareholders.
Exclusive financial advisor for Unilever
Exclusive financial advisor for Unilever.
Exclusive financial advisor for Unilever.
Exclusive financial advisor for Cobrisa
Participações.
© 2005 KPMG Corporate Finance Ltda., the Brazilian member firm of KPMG International, a Swiss cooperative.
All rights reserved.
0
KPMG Brazil relevant experience in mergers & acquisitions
Client
Description
14 Furukawa (2003)
15 PL Alcoran (2003)
16 Líder Comercial Agrícola S.A. (2003)
17 PL Alcoran Informática (2002)
18 Isofilme (2002)
19 CIAOM (2001)
20 Burigotto S.A. (2001)
21
Publicidade Adver São Paulo S/C Ltda.
(2000)
22 Local Publicidade Ltda. (2000)
23 Pintex Painéis e Cartazes Ltda. (2000)
24 Publix Luminosos Ltda. (2000)
25 UDV (2000)
26 Itaipava Industrial de Papéis (2000)
27 Cresciumal (2000)
KPMG
Disposal of the operations of FCE to Nexans.
Sale of specific assets, including part of its client
portfolio to private investors.
Sale of 100% of Lider’s capital to Magazine Luiza
S.A.
Transfer of part of its client portfolio to a strategic
investor.
Joint Venture between Isofilme and Clopay.
Transfer of 100% of the sugar and alcohol industrial
operation to Coinbra (Louis Dreyfus).
Exclusive financial
Exclusive financial
investors.
Exclusive financial
Agrícola S.A.
Exclusive financial
Informática.
Exclusive financial
Sale of 100% of Burigotto’s capital to Peg-Pérego.
Exclusive financial advisor for Burigotto.
Sale of the control to a private equity fund, led by
Deutsche Bank.
Sale of the control to a private equity fund, led by
Deutsche Bank.
Sale of the control to a private equity fund, led by
Deutsche Bank.
Sale of the control to a private equity fund, led by
Deutsche Bank.
Sale of UDV’s local brands and related businesses
in Brazil and Uruguay to Campari.
Sale of 100% of Itaipava’s capital to Alcoa.
Sale of 100% of Cresciumal’s capital to Coinbra.
advisor for Furukawa (FISA).
advisor of clients, for private
advisor for Líder Comercial
advisor for PL Alcoran
advisor for Isofilme.
Exclusive financial advisor for CIAOM.
Exclusive Financial Advisor for Adver.
Exclusive Financial Advisor for Local.
Exclusive Financial Advisor for Pintex.
Exclusive Financial Advisor for Publix.
Exclusive financial advisor for UDV.
Exclusive financial advisor for Itaipava.
Exclusive financial advisor for Cresciumal.
© 2005 KPMG Corporate Finance Ltda., the Brazilian member firm of KPMG International, a Swiss cooperative.
All rights reserved.
1
KPMG Brazil relevant experience in mergers & acquisitions
Client
Description
28 Rigesa (2000)
29 Laboratório Delboni (1999)
30
Banco do Estado da Bahia - BANEP
(1999)
31 Marcopolo (1999)
32 Winterthur (1998)
Banco América do Sul S.A. - BAS
33
(1998)
34 Franke (1998)
35 Metrô do Rio de Janeiro (1997)
36 Mellon (1997)
Acquisition of industrial packing operations from
Agaprint.
Sale of 49% of the voting capital to private equity
funds led by Patrimônio and Chase Manhattan
Bank.
Sale of the shareholding control of this Bank to
Bradesco for US$ 150 million, through the
Privatization Process of the Bahia State
Government.
Acquisition of Ciferal (bus manufacturer) by
Marcopolo.Value: Undisclosed.
Purchase of 50% of Itaú’s stake in Itaú-Winterthur
by Winterthur (which already held the other
50%).Value: Undisclosed.
Sale of the control of this bank, with asssets of US$
5 B to Banco Sudameris (Brazilian subsidiary of
Banca Comerciale Italiana).Value: US$ 17.5 million,
plus contingent payments in 2 and 3 years.
Purchase of 50% interest in Douat, a manufacturing
company.
Purchase of the public concession for the subway
of the city of Rio de Janeiro for 30 years by
Cometrans Consortium.Value: US$ 230 million.
Purchase of 40% of the issued capital of Banco
Brascan S.A., with an option to purchase an 80%
shareholding.Value: US$ 43 million.
KPMG
Financial advisor for Rigesa.
Exclusive financial advisor for Delboni.
Advisor for Bahia State Government.
Advisor for Marcopolo.
Advisor for Winterthur.
Advisor for the vendors.
Advisor for Franke.
Advisor for the Rio de Janeiro State Government.
Advisor for Mellon.
© 2005 KPMG Corporate Finance Ltda., the Brazilian member firm of KPMG International, a Swiss cooperative.
All rights reserved.
2
KPMG Brazil relevant experience in mergers & acquisitions
Client
Description
KPMG
37 Bamerindus (1997)
Acquisition of the business and selected assets and
liabilities of Banco Bamerindus by HSBC Group and
acquisition of some key subsidiaries, including Bamerindus
Seguros.Value: Goodwill of US$ 360 million was paid.
Advisor for HSBC Group.
38 Metal Leve (1996)
Acquisition of the control of Metal Leve (an autoparts
manufacturer) by Cofap and Mahle.Value: US$ 65 million.
Advisor for Cofap and Mahle.
39 Fabrini (1996)
Acquisition of Fabrini (an autoparts manufacturer) by
Rossini of (Mexico) and NGK (Japan).Value: Undisclosed.
Advisor for Rossini and NGK.
40 Banorte (1996)
41 Icatu Seguros (1996)
42 CUE (1995)
43 DB Brinquedos (1995)
44 Solaris (1995)
45 CUB (1995)
Acquisition of the business and selected assets of Banco
Banorte by Banco Bandeirantes and acquisition of the
insurance (Banorte Seguradora), insurance broking and
broker-dealer subsidiaries.Value: Goodwill of US$ 37.5
million was paid
Joint venture in insurance between the Icatu Group and ITT
Hartford.Value: Undisclosed.
Sale of the Ecuadorean subsidiary of the UK insurance
company Commercial Union to Grupo Eljuri of
Ecuador.Value: Undisclosed.
Sale of a 35% share in Brazil’s leading toy retailer to JP
Morgan Capital Corporation.Value: Undisclosed.
Acquisition of a 50% share in a Brazilian software company
by a large local conglomerate (Grupo Bandeirantes).Value:
Undisclosed.
Sale of the Brazilian subsidiary of the UK insurance
company Commercial Union to Grupo Real do Brasil.Value:
Undisclosed.
© 2005 KPMG Corporate Finance Ltda., the Brazilian member firm of KPMG International, a Swiss cooperative.
All rights reserved.
Co-advisor for Bandeirantes Group.
Co-advisor for Icatu.
Advisor for the vendor.
Advisor for the vendor.
Advisor for Bandeirantes Group.
Advisor for Commercial Union.
3
KPMG Brazil relevant experience in mergers & acquisitions
Client
Description
KPMG
46 Antorcha (1995)
Sale of the subsidiary of the UK insurance company
Commercial Union to Grupo Real do Brasil.Value:
Undisclosed.
Advisor for Commercial Union.
47 Karibê (1995)
Purchase of Karibê (a textile manufacturer) of Grupo
Santista by Paramount.Value: Undisclosed.
Advisor for Paramount-Lansul.
48 IVI (1994)
49 Continental 2001 (1994)
50 Hannover (1994)
51 Hannover (1994)
52 Pizza Hut (1993)
53 Adriática (1993)
54 SNBP (1993)
55 Ficap Siemens (1993)
56 Mannesmann (1993)
Merger of Brazil’s two largest shipyards.Value: US$
725 million.
Purchase of Brazil’s third largest white goods
manufacturer by Bosch-Siemens of
Germany.Value: Undisclosed.
Sale of 50% of Hannover Seguros by HDI to a
Brazilian insurance company (Paulista de
Seguros).Value: Undisclosed.
Purchase of 52% of AGF’s shares in Hannover
Seguros by HDI of Germany.Value: Undisclosed.
Purchase of the franchise of 35 Pizza Hut
restaurants in São Paulo by Pizza Hut.Value:
Undisclosed.
Sale of Adriática Seguradora, a subsidiary of RAS
of Italy to Safra Group.Value: Undisclosed.
Privatization of SNBP - a shipping company.Value:
US$ 12 million.
Merger of the cable divisions of Siemens Brazil and
of the Brazilian conglomerate Arbi to form Ficap
Siemens.
Corporate restructuring involving the distribution of
shareholding in significant subsidiaries in Brazil of a
publicly-held company (Mannesmann S.A.) for
Mannesmann A.G.
Advisor for IVI in the merger and subsequent
refinancing.
Advisor for Bosch-Siemens.
Advisor for HDI.
Advisor for HDI.
Advisor for Pizza Hut.
Joint advisor (with Banco BBA) for the vendor.
Advisor for the vendor (BNDES).
Advisor for Siemens.
Advisor for Mannesmann.
© 2005 KPMG Corporate Finance Ltda., the Brazilian member firm of KPMG International, a Swiss cooperative.
All rights reserved.
4
KPMG Brazil relevant experience in mergers & acquisitions
Client
57 FRANAVE (1992)
58 ENASA (1992)
Description
Privatization of the FRANAVE shipping company.
(Final decision - liquidation).
Privatization of the ENASA shipping company.
(Final decision - liquidation).
KPMG
Leading advisor for the vendor (BNDES).
Leading advisor for the vendor (BNDES).
59 Copesul (1992)
Privatization of the Copesul petrochemical complex
and related second generation companies. Total
transactions.Value: Over US$ 800 million.
Joint lead advisor (with NM Rothschild) for the
vendor (BNDES).
60 Usiminas (1991)
Privatization of Siderúrgica Usiminas.Value: US$ 1
billion.
Joint advisor (with Banco Bozano, for the acquiring
consortium).
© 2005 KPMG Corporate Finance Ltda., the Brazilian member firm of KPMG International, a Swiss cooperative.
All rights reserved.
5