DYWIDAG-Systems International (DSI) acquires Post-Tensioning business in Brazil
Acquisition of 100% of shares of Prepron Group
Establishes strong presence in Brazilian Post-Tensioning market
November 3rd 2014. DSI acquired 100% of the shares in Prepron, a company based in Regente Feijó, approximately 550km west of São Paulo, and operating in the Brazilian Post Tensioning market since 1984. Prepron has successfully completed numerous Post Tensioning projects with important Brazilian contractors over the past years and is a well-known player in Brazil.
This acquisition will significantly strengthen DSI’s footprint in Brazil which has been focused mainly on the Geotechnical segment up to now. Prepron will be leveraged as a platform to further grow DSI’s business in Brazil and also accelerate the growth of DSI’s Post Tensioning business in neighboring countries in South America. The previous owners of Prepron, Joaquim and Diego de Freitas, will remain with the business to support the integration process as well as our joint growth plan for the future.
Commencing beginning of 2015, the Prepron Sistema de Protensao business in Brazil will operate as DSI Prepron. Even though the company name will change, DSI assures that the management, staff and all employees of DSI-Prepron are committed to maintain the high level of service, technical innovation and product quality that have made Prepron a respected supplier of post-tensioning products in the Brazilian Industry. The long-term experience of DSI and Prepron in post-tensioning will enhance the level of service provided.
Patrik Nolåker, CEO of DSI, said:” This investment confirms our commitment to grow our Post-Tensioning business globally and is an important step for DSI to further strengthen our presence in emerging markets.”