Comment / Takeover target Wilson Sons, ever more expensive

ID 137908605 © Dragan Andrii | Dreamstime.com

Friday 17 November was another record day for Brazil’s Wilson Sons, its stock reaching a new record of BRL15.45 ($3.11), for a market cap of about $1.4bn.

While, incidentally, neighbour Argentina is going through an identity crisis, as proven by the results of the presidential elections*,  ’Brazil + shipping’ is very much attractive, for two reasons.

(*In this respect: CH Robinson was fast to leave Argentina, in future exploiting forwarding agents ties in the country; the US-based 3PL and Denmark’s Maersk were both ...