Live is fashioned in a way that nothing can function properly without the help of another. In the world of business, no company produces and uses their own products; they have to depend on the consumers so as to make profits. Because of this fact, many businesses have merged and boosted each other’s brand while others acquire properties of other businesses so as to increase their profit margins. Because of this existing principle in the market, Eucatex and Duratex have come into business collaboration.
According to Flavio Maluf the President of Eucatex business, his organization will surrender its farm located in Capao Bonito in return of the Duratex’s farm located in Botucatu city. The Botucatu farm will help Eucatex produce the most needed thin sheets within the company. The Botucatu plant has a population of around 280 employees and an approximate of 200,000 cubic meters every year. As a result of this agreement, Duratex will have to re-open its production factory at Itapetinga which is near to the Duratex Unit. View Maluf’s profile on linkedin.
The good news was made public to the workers and leaders of Botucatu by Flavio Maluf where he called for their collaboration in making the business a success. This acquisition will level up the production paint capacity by 30%, the fiberboards by 70% and paper printing by 40%. It will enhance reduction of loses and better the maintenance while increasing the sales as well. The acquisition will increase the presence of Eucatex in Brazil and in the market world where they have not been able to spread. As usual such business relationships lead to the creation of both direct and indirect job opportunities hence it will reduce the rate of unemployment. The acquisition awaits the go-ahead of CADE, which approves such acquisitions.
Flavio Maluf has been the CEO and Chairman of Eucatex S.A Industria since 2005 and serves also as the business’ Chairman of the Board of Executive Officers. He also serves in Eucatex Trading e Engenharia as the Vice CEO and in EucatexQuimica e Mineral as the Chief CEO. He studied Mechanic Engineering at Fundacao Armando AlvaresPenteado and other specialization courses in various institutions. Learn more: http://www.infomoney.com.br/negocios/noticias-corporativas/noticia/5913933/flavio-maluf-traz-dicas-que-podem-ajudar-transformar-sua-ideia