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Emerging Markets

Dexco to Sell Urussanga Ceramics Plant for US$34 Million

The Rio Times · 1h ago · 🇧🇷 Brazil

Dexco to Sell Urussanga Ceramics Plant for US$34 Million

Brazilian Building Materials Key Facts —The deal. Dexco agreed to sell its Urussanga plant to Ceramica Carmelo Fior for R$170 million (about US$33.5 million). —Approval pending. The transaction still requires clearance from CADE, Brazil’s antitrust authority. —Historic brand. The site is the home of the Ceusa ceramic tile brand, founded in Urussanga in 1953. —Earlier […] The post Dexco to Sell Urussanga Ceramics Plant for US$34 Million appeared first on The Rio Times .

Read the full story at The Rio Times →

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