Eucatex was founded back in 1951, over the years of operation it has been involved in the production of insulation, different forms of plastic and plant-based lining, paint, wood varnish, doors, flooring, building walls, partitions of home and panels used in construction. Many of the products produced by Eucatex are manufactured from the eucalyptus tree products.
Since 2018, Eucatex is involved in regular shipments of its products to over 40 countries while employing substantial 2,433 people, thus making it one of the largest employers in Brazil. The firm has successively performed well in the Brazilian market following the acquisition of Botocatu, which hails as Sao Paulo own Duratex which is a standard manufacturer of building panels. Under Brazil’s building panels industry, the fir benefitted from the increase in over 80 percent in all installed building panels following the Duratex acquisition. Read more on Wikipedia.
With the transaction fully finalized between Eucatex and Duratex executives, Flavio Maluf played a significant role in securing the enterprise. The firm awaits the approval of the official antitrust agency of Brazil called the Administrative Council for Economic Defense.
Maluf started his career as a mechanical engineer from the Armando Alvares Penteado Foundation. He is also a holder of a degree in Business Administration from New York University.
The institution provided a firm foundation for the level of success that he achieved throughout his career. He also hails as the president of GrandFood, which is a large conglomerate in Brazil involved in manufacturing brands such as Premier Pet and Golden.
Before landing a role at Eucatex, Maluf sought to explore running a firm with stints at different companies such as Citicorp. This improved his abilities in managing the family company. Through his leadership, the firm has grown with subsidiaries in different countries. It currently exports to the United States, Germany, Netherlands, Mexico and 35 other countries around the world.