Acquisition in Mexico by Marcolin
Marcolin has completed the acquisition of its own subsidiary in Mexico. Marcolin has been present in the Mexican market for six years through a joint venture. As part of its greater corporate strategy to enhance its presence in key markets, the Group acquired the remaining 49% of the shares of the joint venture. Marcolin Mexico, from its own subsidiary located in Mexico City, will continue to closely support local stakeholders, while further improving and quickening responses to clients’ needs in a market with a strong growth potential. Marcolin’s global network consists of 15 worldwide branches, in Europe (Benelux, DACH, France, Italy, Nordics, Spain, UK), Russia, the Americas (US, Brazil, México), Asia (Hong Kong, Shanghai, Singapore) and Australia (Sydney), one joint venture (UAE) and distributes its products in more than 125 countries.
August 2023
