Announced

Completed

MAPEI completed the acquisition of Diaplas.

Synopsis

MAPEI, a company engaged in the manufacturing of adhesives, sealants, and chemical products for the construction industry, completed the acquisition of Diaplas, a company specializing in manufacturing profiles and trims for floors and walls. Financial terms were not disclosed. “We are thrilled to welcome Diaplas into the MAPEI family. Diaplas’s existing customers will benefit from access to MAPEI's extensive distribution network, extensive research and development capabilities, and a broader range of products. MAPEI, in turn, will gain valuable expertise and local production capacity of high-turnover inventory from Diaplas,” Marco Roma, MAPEI Canada General Manager.

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