Pipe and tube group enters Brazilian market
The Van Leeuwen Pipe and Tube Group has acquired Tubexpress, a Brazilian distribution company which supplies pipes and tubes to the petrochemical and oil and gas industry.
Tubexpress, founded in 1990, is a stock holding distributor offering products according to ISO 9000 standards. The company has two branches in Osasco and São Carlos, both in the state of São Paulo, and employs around 65 people.
Founder and present MD Mario Zupo, will transfer his day-to-day responsibilities but remain closely involved for the next two years.
Peter Rietberg, chairman of the board at the Van Leeuwen Group says: ‘This takeover follows our recent expansion of activities in Africa, Asia, and the US.’