PAREXGROUP ACQUIRES BRAZILAN SPECIALIST OF TILE SETTING MATERIALS

 

Issy les Moulineaux, April 4th 2016 - PAREXGROUP announces that it has finalized the acquisition of Quartzobras. Located in Sao Paulo, Brazil, Quartzobras is a regional specialty construction chemical player with annual revenues of approximately €6 million.

quartzobras

Present on the market for 27 years, the company is specialized in Tile Setting Materials, focused on production of high value products for the contractors and the ceramic tile boutiques segments.

“Given its strong expertise in high-end tile-grouts, Quartzobras is a great addition which can be developed by our nationwide operations in Brazil. This country still represents a great opportunity and potential for us”, says Eric Bergé, ParexGroup ‘s CEO. “We welcome the team of Quartzobras in the group and look forward to a fast and smooth integration in ParexGroup Brazil”.