In business, the responsibilities of leveraging services can overwhelm an individual. Even for the most experienced professionals, this can happen. Taking on a viable partnership can lighten this workload in many ways including lessening an individual’s financial burdens as well as improving the quality of services and products in the company. Alongside enhancing the overall reputation of the company, a partnership unlocks the company’s potential in many ways. As illustrated by Eucatex and Duratex in their latest announcement, planning in business comes in handy when working on a merger.
Eucatex Partners with Duratex
There is a growing demand for products in the industry of wood panel. For that reason, Eucatex and Duratex have decided to sign a deal. The two companies have been working in Brazil’s manufacturing industry for a decade. What is more, they share the same agenda based on leveraging top notch services in their respective industries. From supplying wood panels, metals, as well as sanitary ware, to manufacturing customized tiles, the companies have decided to have a symbiotic relationship. View ideamensch.com to learn more.
What Does Eucatex Do?
Eucatex is a 50-year-old innovative company that utilizes unique , raw materials to manufacture its products. Eucalyptus is a leading ingredient in its manufacturing processes and over the years, the company has made it possible for the community to enjoy living in a healthy environment even with the complex manufacturing processes that can be rather toxic. As a wood manufacturer, the company has over the years gained a huge market advantage and managed to leverage its products to clients across different companies. To improve its services, the company has decided to partner with Duratex.
Details of the Merger
The partnership of Eucatex and Duratex is aligned to provide constructive exchanges to both companies. These changes will go a long way into fostering the bond between employees and clients as well. Over and above, the details of the merger include the exchange of forest assets and a manufacturing facility between the two. Duratex will sell its Itapetiniga facility to Eucatex in exchange of raw materials for manufacturing wood panels. Besides that, the facility will be revived as it has been inactive.
Benefits of this Merger
The benefits of any partnership in business include increased employment opportunities and production capacities. In this case, Eucatex shall acquire a manufacturing facility that increases its production facility. Similarly, Duratex shall acquire raw materials to manufacture more products. The relationships have benefitted both companies. Besides, the two companies deal in the same line of service and have the same alignment of business strategy.
Describing Maluf and His Contribution
Without a doubt, Flavio Maluf played an instrumental role in cementing the merger between Eucatex and Duratex. Perhaps this is appended to his line of duty as the president of the company. Besides, he has worked for the firm for decades and has always advocated for the use of natural resources in production. As such, Flavio Maluf has strategically positioned the company is an advantageous niche.