Pinheiro Neto, Souza, Cescon, Barrieu & Flesch and Gaudêncio McNaughton advised on the deal
Saint-Gobain has signed a share purchase agreement to acquire 100% of the equity capital of TekBond, the number two adhesives business in Brazil operating in the construction sector and on the automotive aftermarket.
TekBond supplies a broad range of adhesives, sealants, sprays and masking tapes all over Brazil. Its offer is based on a detailed knowledge of the market and customers to adjust its product formulations to local specificities.
TekBond will join the High-Performance Materials Activity. This acquisition will enable Saint-Gobain in Brazil to create important synergies with the abrasives, mortars and flat glass business lines on the construction and industrial markets.
The deal is subject to the approval of the Brazilian antitrust authorities.
Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.
Pinheiro Neto advised Saint-Gobain do Brasil Produtos Industriais e para Construção Ltda. with Antonio José Mattos Morello (Picture), Priscila Gurgel Menezes and Camila Otani Nishi.
Souza, Cescon, Barrieu & Flesch advised ATB Indústria e Comércio de Adesivos S.A. with Frederico Viana Rodrigues and Eduardo Menezes.
Gaudêncio McNaughton advised ATB Indústria e Comércio de Adesivos S.A. with Samuel Carvalho Gaudêncio.
Involved fees earner: Samuel Carvalho Gaudêncio – Gaudêncio McNaughton Advogados; Frederico Viana Rodrigues – Souza, Cescon, Barrieu e Flesch; Eduardo Augusto Caixeta Menezes – Souza, Cescon, Barrieu e Flesch; Antonio José Mattos Morello – Pinheiro Neto; Priscila Gurgel Menezes – Pinheiro Neto; Camila Otani Nishi – Pinheiro Neto;