# Kerakoll acquires 100% of Brazilian Cimentolit

Italian industrial group Kerakoll announced the acquisition of 100% of Brazilian company Cimentolit, based in Santa Bárbara d'Oeste, São Paulo. The acquisition is part of a €25 million investment plan in Brazil over two years.

- Type: Acquisition
- Announced: 2018-02-15
- Where: Santa Bárbara d'Oeste, São Paulo, Brazil
- Jobs: 150
- Status: announced
- Products: materials for ceramic and natural stone installation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Kerakoll Group](https://endata.com/companies/25769.md) (acquirer)
- [Cimentolit](https://endata.com/companies/30113.md) (target)

## Sources

- [fusoesaquisicoes.com](https://fusoesaquisicoes.com/acontece-no-setor/italiana-kerakoll-amplia-acoes-no/), 2018-02-15: "Partimos com a aquisição da Cimentolit, uma empresa brasileira do estado de São Paulo, em Santa Bárbara d’Oeste, um estabelecimento com faturamento de 14,5 milhões, 150 funcionários e milhares de clientes."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
