Duratex’s $89 Million Acquisition of Cerâmica Urussanga S.A. and Massima Revestimientos Cerámicos Ltda.


Siqueira Castro Advogados advised Duratex S.A. on the deal

Duratex S.A. finalized the acquisition of 100% stake in Cerâmica Urussanga S.A. and Massima Revestimientos Cerámicos Ltda. for $89 Million. The closing of the transaction is subject to certain conditions and to the approval of the Brazilian antitrust authorities (CADE).

Duratex S.A., together with its subsidiaries, manufactures and sells paneling and wood products for the civil construction finishes and furniture sector in Brazil and internationally. The company, led by Antonio Joaquim de Oliveira and Carlos Henrique Haddad is based in Sao Paulo.

Siqueira Castro advised Duratex S.A. with a team including Sérgio Ricardo Fogolin (Picture), Maucir Fregonesi Jr., Carlos Eduardo Vianna Cardoso, Lorena Silva Guimarães, Daniel Franco Clarke, Marina Vieira Freire, Aline Pimenta Passos, Ornella Nasser, Isadora Calixto Valera, Mariana Stuart Nogueira Braga and André Franchini Giusti.

Involved fees earner: Sérgio Fogolin – Siqueira Castro Advogados; Lorena Silva Guimarães – Siqueira Castro Advogados; Daniel Franco Clarke – Siqueira Castro Advogados; Maucir Fregonesi Junior – Siqueira Castro Advogados; Carlos Eduardo Vianna Cardoso – Siqueira Castro Advogados;

Law Firms: Siqueira Castro Advogados;

Clients: Duratex S.A.;

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Author: Ambrogio Visconti.