Eucatex CEO Flavio Maluf recently confirmed that he will do business with Duratex. According to the deal, Eucatex will offer the farm in Capao Bonito in exchange for a Botucatu production line. The plant in Botucatu has about 280 employees. Learn more about Flavio Maluf at InfoMoney
Maluf issued a press release yesterday, notifying Eucatex board members and employees of the deal. Duratex is re-start production in its factory in Itapetinga in April. Maluf says he has not doubt that CADE will approve of the deal. Maluf says the acquisition of Duratex will increase the production of paint, fiberboard and paper.
Flavio Maluf has worked for Eucatex since 1987. The company is the leading marketer of eucalyptus products in Brazil. The company is also a family business that was established din 1951. After attending college in New York, he joined the company and worked in various capacities. It was Maluf’s goal to work in every department, which he did. By 1999, Maluf was a vice-president. By 2010, he was company president.
Today, the Comoran has 37 offices around the world. Through Maluf’s leadership, the company has seen record profits, as well as additional manufacturing plants in Brazil. The company is now the leading supplier of panels, tiles, paint and varnishes in South America.
Maluf is a global entrepreneur. He is very creative and highly-respected by his peers. He is also known as a very generous philanthropist who has given money to a variety of initiatives.
Maluf has also brought Eucatex to the forefront of recycling and environmental issues. For years, he has used the raw material of the eucalyptus to promote clean energy. Maluf continues to expand around the world, because they care about making the world a better place.
Maluf says he has additional plans for the company and further international expansions are in the works. View: http://blogdoronco.blogspot.com/2014/05/empresario-flavio-maluf-prestigia.html