
Despite political and economic volatility, Latin America is solidifying itself as a strategic region for mergers and acquisitions (M&A). A KPMG study shows that investor interest is highest due to attractive valuations and high-growth sectors.
According to the “Charting Routes to Value” report, 62% of business leaders surveyed believe that the opportunities to operate in the region have “never been greater,” an increase of 17 points compared to 2023. This enthusiasm is reflected in concrete plans: 57% plan to increase their activities in 2026, even amid a global context characterized by political volatility, trade tensions and fiscal risks.
At the regional level, Brazil leads the ranking due to its strengths such as the innovation ecosystem and access to intellectual property; Growth in certain sectors (energy, agriculture and attractive valuations). Mexico follows due to its strategic position for nearshoring towards North America, logistics infrastructure and trade agreements (T-MEC), qualified talent and also competitive valuations, although with the risk of tariff tensions with the US creating uncertainty. In third place is Chile due to its attractive valuations, macroeconomic stability (controlled inflation), although with some uncertainty regarding legal reforms (data protection) that add due diligence steps. Argentina appears next and stands out for attractive valuations, industry growth, political stability and skilled talent.
“Argentina is on investors’ radar because it is entering a new phase of opportunity where institutional strength, strategic reforms and global alliances come together to unlock long-term investment potential, particularly in the mining, energy, technology, infrastructure and agribusiness sectors. The Basic Law, which came into force this year and with it the incentive system for large investments, known as RIGI, ensures predictability, legal stability and protection for investments. In fact, until October 20, under the RIGI Investment projects totaling approximately $34.4 billion, mainly related to the mining and energy sectors,” says Andrea Oteiza Centrón, Head Deal Advisory at KPMG Argentina.