FlávioMaluf: Merger and Acquisition of Duratex with an expansion to proposed new markets and new heights!

FlávioMaluf is the president of a corporation known as Eucatex. He issued a statement to his employees in which he communicated the merger and acquisition of a company doing business as Duratexpending regulatory approval. FlávioMaluf explained that the company acquired, produces wood fibre sheets. Duratexis located in the city of Botucatu. Flavio Maluf explained the rationale and business strategy for the merger. He also gave reasons for acquiring Duratex stating that this acquisition would support an increase in production of wood fibre sheets by 70%. It will also increase the capacity of paint production by 30% and an increase of paper printing will occur at a resulting 40%. These increases will be beneficial to long term production goals for Eucatex. These changes will ensure better planning and forecasting as well as increased capacity. On the operations side, Flavio Maluf explained that this will reduce expenses due to production and maintenance. Marketing and sales will be able to examine future planned markets that the company is not currently participating in both in Brazil and across the globe. This will enable the corporate leaders to see how the company will benefit from participating in additional markets. View Maluf’s profile on linkedin.

Duratex has a unit in Itapetinga which will be operated in conjunction to the Eucatex farm in Capão Bonito. The exchange will be for the Botucatu plant for wood sheets. This plant has 280 employees and a gross forecasted production of 200 m³ annually.

Currently the business is estimated at approximately R $60 million. In April, there will be a re-inauguration with Duratex resuming the production of the factory in Itapetinga.

FlávioMaluf shared his hope for the acquisition and explained his thoughts on how it will boost the synergy of all units to ensure increased production. The possibilities of new opportunities are appealing. There will be an increase in future employment boosting the local employment rate. This will provide with increased economic benefits specifically due to this acquisition. FlávioMaluf envisions opportunities both in Brazil and abroad across all the markets for the products and services offered by the the company. Visit: https://pt-br.facebook.com/public/Flavio-Maluf