Safic-Alcan announces that it acquires 100% of Proquimil Produtos Químicos, a Brazilian chemical distributor specializing in rubber and plastic polymers and additives.
Steps Towards Geographical Diversification
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The establishment of Safic-Alcan Brasil, the acquisition of Proquimil and the onboarding of Luiz are major steps towards our goal for ongoing geographical diversification. The core business of Proquimil is rubber, so it is quite fitting to start our activities in South America in a sector very much entrenched in our DNA,” comments, Yann Lissillour, CEO of the Safic-Alcan Group.
The integration will be led by Luiz Maranho, a Brazilian executive in the chemical distribution sector, who recently joined the group to become general manager of Safic-Alcan Brasil, the newly established entity in the region.
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I am delighted to welcome Proquimil’s employees to the Group. I look forward to ensuring a smooth transition with the help of Mr.Oswaldo Ruffo and Mr.Oswaldo Ruffo filho,” said Luiz Maranho, general manager of Safic-Alcan Brazil.
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Source: Safic-Alcan