Agostinho

Eucatex reports Recurring EBITDA of R$51.5 million (+13.9%) and Margin of 17% in 1Q18

Retrieved on: 
Wednesday, May 9, 2018
Visual arts, Engineered wood, Duratex, Itaúsa, Building materials, Fiberboard, Composite materials, Flooring, Agostinho, HDF, Lamination, Varnish

The Company exchanged assets with Duratex in order to increase its fiberboard capacity.

Key Points: 
  • The Company exchanged assets with Duratex in order to increase its fiberboard capacity.
  • Because of its nature, this transaction was submitted to Brazil's antitrust authority CADE for evaluation, which should announce its decision within 90 to 120 days.
  • Eucatex S.A. Indstria e Comrcio completes 67 years in 2018 and is one of Brazil's largest manufacturers of laminated flooring, wall partitions, doors, MDP/MDF/T-HDF panels, fiberboard, and paints and varnishes.
  • It operates five modern plants in Botucatu and Salto (both in So Paulo) and Cabo de Santo Agostinho (Pernambuco), employing 2,467 people.