Elfinancierocr.com publishes "The request made by OC International was presented on May 7 and once the required documentation had been submitted they proceeded to analyze the appropriateness of the transaction in the light of the provisions of the Competition Act."

During the investigation a study was conducted of all the actors involved in the market. In this case information was reviewed from companies linked to the ceramic tile trade such as EPA, Indianapolis and Abonos Agro.

"The authorized transaction states that OC International Holding acquires intellectual property rights of the brands American Standard, Aqualyn, Artico, Cadet, Ecoline, Ellisse, Embajador, Habitat, Heritage, Incesa, Incesa Standard, Incesa Standard Mark Of Merit, Jado, Lexington, Ovalyn, Plaza, Porcher, Sorrento and Chroma ".

Source: elfinancierocr.com

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Colombians Buy Regional Building Materials Company

May 2013

Organización Corona has announced the signing of an agreement to acquire the majority of Incesa's shares and the brand American Standard for Central America.

The Colombian company, which specializes in the manufacturing and marketing of building materials, expects that the transaction will be formalized in the third quarter of 2013, following the approval of the authorities of each country.