Dura Plastic has production units in California and Tennessee, and injection molds PVC pipe fittings. April 13, 2021 Canadian Plastics
Image Credit: Tigre USA
Tigre Group, a Brazilian pipe manufacturer, has acquired U.S.-based PVC piping component maker Dura Plastic Products Inc. through its Tigre-USA Inc. business unit.
The financial terms of the deal have not been disclosed.
Dura Plastic is family-owned and has two production units, one in California and the other in Tennessee, and six company-run distribution centres throughout the U.S. “Together, Dura and Tigre are among the largest in the sector in the country,” Tigre officials said in an April 9 news release.
Tigre USA Acquires North American Company And Stands Out As One Of The Top Manufacturers In Its Sector In The US
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JANESVILLE, Wis., April 9, 2021 /PRNewswire/ Tigre Group, a Brazilian multinational leader in solutions for construction and water care, announces the acquisition of Dura Plastic Products Inc, a North American family-owned business.
Together will bring a better portfolio and service to the market
The acquisition was made by Tigre USA, a company established in the United States for 15 years. Its market presence opened up gradually, with the establishment of a Distribution Center in 2006. The following year, Tigre USA was inaugurated, with a plant in Janesville, Wisconsin. The industrial park was acquired from Vassallo, one of the pioneers in PVC production in the United States.