ARTs goal is toattack the global market, the CEO noted. It competes with the Germany-basedERP company SAP, he added.The remainingproceeds from the ALL-Darby deal will be invested in marketing and sales peoplehires, Correa said. The company [ALL Rail Technology] grew only by word ofmouth, without a sales team, he explained.ALL RailTechnology worked with the M&A advisor Metrica Investments and with the lawfirm Tauil & Chequer Advogados. Value USD 19m (ART's combined revenues in 2012) StakeValue 100%. Source Proprietary Intelligence. Almacenajes could make opportunistic buys in Centraland South America, CEO says Almacenajes, a family-owned Panama City, Panama basedself-storage company, will continue to review acquisition opportunities in thedomestic market and around Latin America, CEO Abdiel Garcia told this newsservice.With more than30% market share, the company has naturally been presented acquisitionproposals by smaller competitors, Garcia said, and it will continue to reviewtargets with interest. The proposed transactions weren't consummated becausethe business model had changed in the local market, such that more recent entrantswere compelled to build vertically as real estate values appreciated in PanamaCity over the past 20 years, diverging from Almacenajes' do-it-yourself modelwhere low-rise construction allows its clients to drive a car directly to theirstorage unit.Founded in1985, Almacenajes grew slowly for its first 25 years, establishing threelocations by 2000 and four by the time Garcia took the helm in January 2009.Since then it has set up an additional five locations: two in Panama City, onein the Gorgona beach community near the capital, another in Colon near the freezone, and another in David, Chiriqui. It more than doubled its workforce overthe past four years from 30 to 65 and grew annual revenue to more than USD 4min 2012, Garcia said. The company aims to double revenue in the next two years,he said, noting the necessary investments had already been deployed.Almacenajesaims to maintain its market leadership in mini-storage in Panama, and would notrule out acquiring peers despite the past deals it has passed up, said Garciawithout disclosing the identity of the reviewed targets.Garcia said heis interested in being presented acquisition opportunities by advisors, even ifthe company doesn't plan to begin looking at market entry beyond Panama withinthe next five years. Any strong prospect would be presented to the controllingfamily for review, he said. The company's owners have other holdings in housingand leisure, Garcia noted.Garcia'sarrival at Almacenajes coincided with the entry of several other players in themarket, he said. Today there are seven competitors in the market, he noted,including Galores, Red Box, Istorage, Supreme Storage, Worldwide Storage andU-Storage, the latter two now majority held by Colombia's ConConcreto.Asked if ConConcretohad approached Almacenajes in its bid to enter Panama, Garcia said it hadn'tand noted that it wasn't in the shareholders' interest to exit the business.Rather, Almacenajes was seen as a business to grow and maintain. He said hewouldn't rule out the sale of a minority interest to the likes of ConConcreto,however.An industrysource claiming knowledge of the situation indicated Almacenajes shareholderswere meeting this week with potential equity investors from EquityInternational, which has invested heavily in the space in Brazil."We areby no means absolutely closed to hearing options," said the CEO,