MAPEI has acquired Texzim, a Mexican producer of adhesives and construction products, to strengthen its presence in the growing Latin American market.
Target Company Overview
MAPEI has successfully acquired 100% of Texzim, a Mexican company specializing in the production of adhesives and construction products. Founded in the vibrant industrial hub of Querétaro, Texzim operates two production plants located in Zimapan and Cancun. In 2015, the company reported revenues exceeding 2 million euros, establishing itself as a significant player in the local market, particularly in the adhesive and cement sectors.
Founded on robust foundations, Texzim's commitment to innovation and quality has contributed to its substantial market share. The company's strategic location allows it to leverage local resources effectively, along with its ownership of mineral extraction sites vital for its production processes, thereby ensuring a steady supply of raw materials.
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Industry Overview in Mexico
The construction industry in Mexico is a dynamic sector characterized by rapid growth and significant investment opportunities. With major infrastructure projects underway, including highways, bridges, and urban devel
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MAPEI
invested in
Texzim
in 2015
in a Buyout deal
Disclosed details
Revenue: $2M