Yesterday (10 April) global automation equipment solutions provider Duravant announced it had expanded its global footprint through the formation of subsidiary company Duravant Brazil LTDA in Brazil and acquired a majority stake in manufacturer of processing machinery parts and components, BSVP.
The North America-headquartered company, whose operations are deployed across 13 companies, supporting customers in over 190 countries worldwide, says that Duravant Brazil is the company’s first sales and service entity and it will centrally support multiple brands from its geographical location.
“Brazil is the second largest global market for poultry production and is Duravant’s investment to build a sales and service infrastructure in the region advances our commitment to directly support our global food processing customers,” said chief operating officer of emerging markets at Duravant, Petros Diamantides.
“Our new entity in Brazil will also leverage Duravant’s portfolio of world-class brands, products and services to expand our local reach into more diverse markets.”
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By GlobalDataThe announcement coincides with the news that Duravant has acquired a majority stake in BVSP LTDA, a manufacturer of parts and components for processing machinery and an after-market service provider for poultry processing lines. BSVP currently operates at three different sites and has plans to expand its manufacturing capabilities.
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Managing director at Duravant Brazil, Fabios Figueiredo, said the acquisition of BVSP immediately strengthens the company’s ability to offer local spare parts and deploy a technical and support team with the experience its customers can depend on.
“We’re very excited about our new partnership with Duravant,” said Vinicius Cuchiara dos Santos, general manager of BVSP. “Their impressive history of growth and innovation is a reflection of their customer-centric culture, which aligns perfectly with our service philosophy and commitment to the Brazilian market.”
The recent developments are just a few by Duravant to increase its foothold on the market. In February, Packaging Gateway reported on how the US-based company had expanded its offering with the acquisition of bagging packaging specialists Votech.
Votech project sales director Rolf Michiels said at the time: “We’re excited to be a part of the Duravant group of world-class brands and automation solutions. Aligning with the Fischbein team to better serve our customers through a united and collaborative strategy is an exciting prospect for us.”
