Aug 02nd, 2011

Elite, the new acquisition for Parex USA

Parex USA is pleased to announce it has completed the acquisition of Elite Building Products. Elite is a company Focused on tile setting materials, stucco and acrylic finishes, the core businesses of Parex USA and is headquartered in Duluth, Georgia.

The acquisition of Elite greatly strengthens Parex USA’s position on the East Coast, providing state—0f—the-art facilities located on the outskirts of Atlanta, GA and Orlando, FL and solidifying our leadership in the Southeastern region of the country.

Bill Olsen, former President and owner of Elite Building Products will join the Parex USA team and help to keep the focus on great customer service, reliability and innovation. This is a culture that both companies fully share and will continue to pursue.

This latest investment confirms the commitment of Parex USA in the local market. We will continue to invest to develop our position and improve our products and service solutions to our valuable customers.

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