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Breaking Flooring NewsFloor CoveringsFlooring InstallationTile & Stone Flooring

Ardex Group Expands in New Joint Venture with Ceramfix, Brazil

Ardex-Ceramfix
Ceramfix/Ardex Synergy Meeting in Gaspar, Brazil.
October 4, 2019

Pittsburgh, Pa. -- The Ardex Group announced it has acquired a strategic stake in Ceramfix of Brazil. Ceramfix is a leading manufacturer of products for the installation of ceramic tile, including mortars, tile adhesives, grouts, waterproofing, and accessories. Founded in 1993, Ceramfix is now among the top four tiling companies in Brazil.

“We are delighted to welcome Ceramfix to the Ardex Group,” said Mark Eslamlooy, Ardex Group CEO. “Their culture of customer service and innovative product technology will be a great addition to our company, allowing us to now serve customers in the Brazilian market.”

Antonio Carlos Schmitt, Francisco Hostins and Mario Jose Schmitt, shareholders and managing directors of Ceramfix, added, “We look forward to continuing our growth trajectory alongside the Ardex Group. Like the Ardex Group, we’re a family business and we expect the similar corporate cultures to foster creative synergies far into the future.”

Ceramfix will remain an independent company within the Ardex Group, managed by the current shareholders and leadership staff.

For more information, visit www.ardexamericas.com.

This article was originally posted on www.fcimag.com.
KEYWORDS: business growth and expansion mergers and acquisitions

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