​Masisa to sell a Mexican particleboard plant to Duraplay

Masisa announced the sale of its particleboard plant located in Chihuahua, Mexico, to the Mexican company Duraplay. The transaction was completed for a total amount of US$18 million. The sale of the Chihuahua Plant, which primarily produces commodity products, is part of the company's long-term strategy to focus on selling products and services with added value. The proceeds from the transaction will be mainly allocated to paying off financial debt "Masisa will continue to be present in the Mexican market through a renewed direct sales model from Chile, with a local team and a ...