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July 26, 2011
AECI eyes bigger move into Brazil, also keen on Nigeria expansion
Acquisitions would play a key role in chemicals and explosives company AECI's growth strategy, with Brazil and Nigeria key focus areas, CEO Graham Edwards said on Tuesday.
In an interview with Engineering News Online, he said that acquisitions worth about $150-million "may be" in the pipeline in Brazil's chemical sector in the future. "We have been in Brazil in the past four years, have learnt lessons and are at a point where we believe we can now make a bigger move into Brazil."
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Posted by StaffWriter at July 26, 2011 12:33 PM