Tigre USA acquires North American company and stands out as one of the best manufacturers in its sector in the United States
The acquisition was carried out by Tigre United States, a company established in United States for 15 years. Its presence on the market gradually opened up, with the establishment of a Distribution Center in 2006. The following year, Tigre United States was inaugurated, with a factory in Janesville, Wisconsin. The industrial park was bought from Vassallo, one of the pioneers of PVC production in the United States.
With two production units, one in the State of california and the other in the State of Tennessee, and six company-managed distribution centers strategically placed across the United States, Dura Plastics has earned an excellent reputation as a profitable, customer-centric company. Together, Dura and Tigre are among the largest in the industry in the country.
Complementary product portfolios, the diversity of market segments and the cultural similarity between the companies are the pillars on which new opportunities will be built for the clients and professionals of both companies. Dura Plastic offers solutions for residential irrigation, plumbing, golf, pool and spa as well as drainage segments.
“The acquisition of this company accelerates our goal of serving the market with a high quality and even more comprehensive portfolio. Dura Plastic Products Inc. has over 50 years in the US market, with an impressive track record in creating reliable solutions and innovative for the construction and irrigation sectors ”, states Vicente Smith Amunategui, Executive Director of International Affairs of Groupe Tigre.
According to him, Tigre will have the opportunity to meet a very solid, stable and well-distributed clientele in the United States. “We want to demonstrate our willingness to continue delivering solutions to the market with value propositions that present growth opportunities for our representatives and customers.”
“This type of transaction has always been in the plan. The time had come, and without new family succession, the decision was easy when Vicente contacted us. It was important for the Rost family to find a strategic alliance, and in our discussions, it became evident that the fundamental principles and values of the company were the same, ”said Hardy rost Vice President of Dura Plastics.
About Groupe Tigre
With a history of nearly 80 years, Tigre is a Brazilian multinational with a strong international presence, leader in construction and water maintenance solutions. The company offers a wide range of products for the building, infrastructure, irrigation and industrial markets. Present in 40 countries, around 5,500 professionals, 11 factories in Brazil and 12 abroad: Argentina (2), Bolivia (2), Chile (2), Colombia, Ecuador, United States, Paraguay, Peru, and Uruguay. In addition to pipes and fittings, the Group also includes: Azzo ABS valves, Tiger Painting Tools, Tigre-ADS (corrugated HDPE pipes for sewerage and drainage), Fabrimar, Tigre Metals (in the metal sanitary ware segment) and TAE – Tiger Water and Wastewater (water treatment and reuse).
More information about Tigré United States and Groupe Tigre
Guilherme Bornholdt – [email protected] | +1(608)774-8107
SOURCE Tiger United States