Laticrete Expands Presence in Italy with Acquisition of Benfer Schomburg S.R.L.

Bethany, Conn. -- Laticrete International has acquired Benfer Schomburg S.R.L. Benfer is a producer of adhesives and sealants for ceramic and natural stone floor and wall coverings with an impressive track record of growth and customer base. The general management of the company will continue under the direction of Giorgio Cocchi, owner, with support of Eddy Bonucelli, Laticrete Regional Director of Europe. With this acquisition, Laticrete will expand its production and presence in the European market.

Since 1965, Benfer has been active in the European and international markets producing and selling adhesives, sealants and rapid setting self-leveling products; waterproofing for different types of sub-bases; rapid drying screed; systems for installation on wood paneling, corrosion inhibitors, and accessories for repairs and protection. In 2008, the Benfer Schomburg joint venture was formed with Benfer and German Company, Schomburg Group.