Masisa announced the sale of its manufacturing operations in Brazil to Arauco (Chile), for USD 102.8 million, on the 8th of September. As reported by Notifix, This operation is in tow with the company’s announced divestment plan in Brazil, as well as in Argentina and Mexico. In that regards, Masisa recently sold its assets in Argentina to Austrian Egger. The transaction will allow Masisa to focus its commercial activity on higher value-added businesses in the Andean Region, Central America, the United States, Canada and other export markets, maintaining its ...
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