First announced in February, Brazil’s leading manufacturers, Eucatex Group and Duratex SA have decided to merge and enter into a global partnership proposal that will involve the exchange of assets between the two corporations. This partnership is based on exchanging assets worth BRR 60 million.
Duratex SA is a Brazil-based company that manufacturers wood panels and operates in two business portfolios namely; Wood as well as Deca. From the operating scope, the Wood segment is solely responsible for manufacturing hardboard panels, fiberboard panels and flooring materials like Durafloor and other materials in the furniture industry. On the other hand, the Deca division is often responsible for the manufacture of sanitary ceramic, metal products, and other items under different brand names like Belize and Corona.
Benefits of the Partnership
Eucatex is partnering with Duratex because of the services and products they both provide. From the look of it, the two share a common objective; manufacturing building and construction products. Well, this transaction further involves the exchange of a specified unit in Sao Paulo’s Botucatu with one of Duratex’sItapetininga. The objective to resume operations at Itapetininga plant is based on the new partnership. The operations will resume as from April this year (2018). It is also of the essence to note that these operation lines majorly deal with exports and for some time, Duratex had rendered the facility worthless for its services. Learn more at mundodomarketing.com about Flavio Maluf
The new business deal is a significant strategy set to jump-start the operation of the dormant facility. Therefore, Duratex has confirmed that the business will not by any means affect its physical production capacity or any agreements that the company has already signed. Given that the contract runs for seven years, the two companies have a long business relationship ahead.
Flavio Maluf is a successful business leader. He owns Eucatex and serves as the president of the company. Maluf is an excellent team leader and team player as well. As a professional engineer, Flavio Maluf focuses his thoughts on business projects that have a viable future tied to profit generations. His career is linked to the manufacturing of building products, and his entire career experience is attributed to Eucatex and its development.