Mexico: M&A/Private Equity

Mexico's President Claudia Sheinbaum has signed an initiative to reform the Foreign Investment Law, introducing for the first time a formal foreign investment review regime based on national security considerations. The proposal would require prior authorization from the National Foreign Investment Commission for certain acquisitions exceeding 49% ownership in strategic sectors including critical infrastructure, dual-use technologies, fundamental supplies, and sensitive information.

On August 30, 2026, President Claudia Sheinbaum submitted a bill to Congress that would amend the Foreign Investment Law and create a national-security review mechanism for foreign acquisitions in Mexico.

Mexico's M&A market is thriving, driven by nearshoring and foreign investment, yet many international buyers underestimate the complexities of acquiring Mexican companies. While the legal mechanics of mergers are straightforward, the real challenge lies in what the surviving entity inherits—from hidden tax exposures and labor reform compliance gaps to the unique risks embedded in family-owned businesses.

One of the essential steps in mergers and acquisitions transactions is the legal auditing process that is carried out prior to the execution of the transaction in question.

Mexico is an open economy guaranteeing access to international markets through a network of free trade agreements, with limited restrictions to trade.

In Mergers and Acquisitions transactions, the Federal Antitrust Commission (Comisión Federal de Competencia Económica) (by its acronym in Spanish, "COFECE") assumes an important role...

As a result of the amendments made in 2013 to Article 28 of the Mexican Constitution, two administrative agencies, independent from the Mexican Ministry of Economy and with technical...

Investment Trust Certificates (CERPIs) are a type of financial instrument initially issued by a Mexican trust and placed through a restricted public offering, one made exclusively to institutional and qualified investors.

2023 is a year in which the global economy will continue to strive to avoid recession and recover from the financial distress caused by the COVID-19 pandemic.