Durman Esquivel bought another company in Colombia
Costa Rican firm, Durman Esquivel, which is currently a part of the Belgian Aliaxis Group, bought PVC Celta, a pipe factory en Barranquilla. This is in addition to another company they already bought - Tuvinil - that is located in Cartagena.
Friday, August 22, 2008
Mario Gomez, legal representative of Durman Esquivel, said that the deal was sealed on August 11.
Aliaxis Latinoamérica (Alila), the company formed from the merger of Costa Rican firm Durman Esquivel and the Belgian group Aliaxis, acquired a PVC pipe plant in Brazil for some $45 million.
The thermal insulation company will set up its factory in 2011 to serve markets in Mexico, Colombia, Costa Rica and the Dominican Republic.
EPM Group bought to Ashmore Energy International electricity distribution company ENSA of Panama and DELSUR of El Salvador for $ 200 million.
As part of its expansion plans in the Central American market, the Colombian company Pintuco has acquired the operations of the paint company Vastalux.
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