REMA TIP TOP strengthens its market position in Brazil
REMA TIP TOP AG acquires TECNOLITA Industrial Ltda., a manufacturer and supplier of high-performance refractories and anti-corrosion materials and systems located in Campinas, Brazil. With this acquisition, REMA TIP TOP further expands its strategic presence in Latin America.
Founded in 1992, TECNOLITA Industrial specializes in the design, manufacture and distribution of high performance refractory materials and systems for corrosion protection for a wide range of applications and industries. The main sectors served by TECNOLITA Industrial are the ceramics, cement, lime and steel industries, as well as plant equipment manufacturers and implementers. Leveraging the latest technology comparable to that used in Europe, Japan and the United States, the company supplies products designed for high-temperature environments and extreme operating conditions. These products will complement REMA TIP TOP’s portfolio from now on.
“With the acquisition of TECNOLITA Industrial, we will strengthen our position as the preferred partner of our customers in Brazil and Latin America," says Valteir Lacerda, Managing Director at REMA TIP TOP Brazil. “The new production site in Brazil enables us from now on to serve both our own customers andTECNOLITA's customers with an expanded product and service offering that leaves nothing to be desired.” Günther Reinprecht, Managing Director at TECNOLITA Industrial, fully agrees and sees the acquisition as a great opportunity for more companies in different industries to benefit from TECNOLITA’s quality products and expertise than before.
REMA TIP TOP already operates two sites in Brazil. With the acquisition of TECNOLITA, the company now has another local production facility in Brazil, driving exports to all other Latin American countries, reducing dependence on imports and increasing competitiveness.
In the long term, REMA TIP TOP plans to further develop and improve the TECNOLITA product portfolio using the German know-how of TIP TOP OBERFLÄCHENSCHUTZ ELBE. Last but not least, local production capacities will be expanded to supply products "Engineered in Germany and made in Brazil" to all countries in Latin America.