# Eternit to acquire Confibra for R$ 110 million

Eternit announced a binding offer to acquire Confibra, a fiber-cement roofing tile producer in Hortolândia, São Paulo, for R$ 110 million. The acquisition will increase Eternit's production capacity by about 20% and strengthen its presence in São Paulo state.

- Type: Acquisition
- Announced: 2021-03-29
- Where: Hortolândia, São Paulo, Brazil
- Value: $20.0M (110.0M BRL)
- Status: announced
- Capacity: 14,000 tons/month of fiber-cement roofing tiles
- Products: fiber-cement roofing tiles, polypropylene
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Eternit](https://endata.com/companies/31797.md) (acquirer)
- [Confibra](https://endata.com/companies/54126.md) (target)

## Sources

- [exame.com](https://exame.com/negocios/eternit-compra-concorrente-do-setor-de-telhas-confibra-por-r-110-milhoes/), 2021-03-30: "Essa aquisição é uma maneira de aumentarmos nossa participação e a nossa receita, sem aumentar a capacidade total do mercado."

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