# ARDEX Group acquires strategic stake in Ceramfix of Brazil

The ARDEX Group acquired a strategic stake in Ceramfix, a Brazilian manufacturer of tile installation products. Ceramfix will remain an independent company within the ARDEX Group.

- Type: Acquisition
- Announced: 2019-10-02
- Where: Brazil
- Status: completed
- Products: mortars, tile adhesives, grouts, waterproofing, accessories
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ardex GmbH](https://endata.com/companies/26784.md) (acquirer)
- [Ceramfix](https://endata.com/companies/42512.md) (target)

## Sources

- [ardexamericas.com](https://www.ardexamericas.com/ardex-group-expands-in-new-joint-venture-with-ceramfix-brazil/), 2019-10-02: "We are delighted to welcome Ceramfix to the ARDEX Group."

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