2017 is marked by the Mexican Stock Exchange (BMV) as the year with the highest volume of placement offerings, with nearly 70 billion pesos. That year marked the arrival of Grupo Traxión and Grupo México Transportes (GMXT) on the trading floor, in September and November, respectively.
After nearly eight years of listing on the Mexican Stock Exchange (BMV), GMXT announced its Board of Directors’ decision to delist last June . This goes beyond the stock’s performance, but also reflects the fact that the sector has little securitization and, according to various analysts, the transportation and logistics sectors are not widely known by the investment market.
In recent years, there has been an increasing number of public offerings and acquisitions , some of them through delisting or to reduce their shares, “a dramatic change” after the placements carried out by the transport division of Grupo México or Grupo Traxión, among others, identifies Alik García, deputy director of Stock Market Analysis at VALMEX Casa de Bolsa .
“In all of 2017, companies raised nearly 70 billion pesos through primary and secondary offerings, and we haven’t seen any placements or follow-ons in 2025; the last one was from Traxión in August 2023, representing approximately 34% of its capital, isolated transactions. Part of what these data suggest is a change in outlook after the pandemic. Many issuers began to exercise more caution when investing new capital, particularly due to the deterioration of the macroeconomic and political environment, changes in government, tariffs, and the fact that the stock market is not providing the returns investors have been hoping for,” he reveals.
In addition to the above, companies are also valued at lower prices in the Mexican market compared to Latin America. Luis Burgueño, a partner in the Mergers and Acquisitions Practice at Von Wobeser y Sierra , agreed with this. He noted that there are 400 listed companies in Brazil alone, compared to 140 in the country.
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