In line with its growth strategy and with a view to extending its range of products and solutions for the construction industry, Mapei Group has acquired Profilpas Group.
Established in 1976 by Franco Pasquali, in Vigodarzere, near the Italian city of Padua, Profilpas is now a multinational specialising in the production and sale of profiles for floor and wall coverings, and installation complements, with over 160 employees. The group has two manufacturing plants, one in Cadoneghe in Italy and one in Kutno in Poland, and has sales branches in France, Spain, Portugal, Germany, Czech Republic, Russia and United Arab Emirates.
“With an exclusive range of Profilpas products, including technical and finishing profiles, shower channels, spacers and levelling systems for floor and wall coverings, Mapei will be able to extend its offering of products for the installation of coverings and become an even more comprehensive reference point for professionals and distributors,” explains Marco Squinzi, co-CEO of Mapei.
“We are in no doubt that joining Mapei Group,” add Barbara and Marco Pasquali, directors of Profilpas, “will open new opportunities for growth and development. Our goal is to bring the Profilpas brand and its technologies to a worldwide market.”
Veronica Squinzi, co-CEO of Mapei, concludes: “The acquisition of Profilpas and its subsidiaries is consistent with our growth strategy, which includes targeted acquisitions that strengthen our group in terms of markets and product. By adding two production facilities – one in Italy and one in Poland – and a string of local companies, we will boost our capacity to meet the needs of the market and foster closer relations with our customers”.
With this acquisition, Mapei has expanded its international footprint and now operates worldwide through 100 associate companies across 57 countries and 86 manufacturing plants, with over 11,000 employees.