Aliaxis and Durman buy Brazil plant for $45 million.

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.

Wednesday, September 24, 2008

Mario Gomez, legal representative of Durman Esquivel, said that the group bought the Provinil plant from Brazilian firm Companhia Providência Indústria e Comércio.
The factory is located in the city of São José dos Pinhais (State of Parana) in southern Brazil and directly employs 350 persons.

More on this topic

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$10 Million to Enlarge Panamanian Construction Plant

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Metales S.A., a construction materials company, will invest $10 million in new plastic machinery to serve the Bay Cleanup Project.

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Durman Esquivel bought another company in Colombia

August 2008

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.

Mario Gomez, legal representative of Durman Esquivel, said that the deal was sealed on August 11.

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