Grupo Tigre successfully sold its Claris division to IBRAP
Grupo Tigre, founded more than 75 years ago, is a Brazilian multinational and a global leader in the manufacture of plastic materials for the construction and renovation segments, with operations in 27 countries. Grupo Tigre sells a large variety of products across Brazil through its network of 92,000 distributors. The company employs more than 6,500 employees and has 11 factories in Brazil and 13 abroad including Argentina, Bolivia, Chile, Colombia, Ecuador, the United States, Paraguay, Peru and Uruguay. The Grupo Tigre brand is synonymous with innovation and quality, and is a reference in the building, infrastructure, irrigation and industrial markets.
Claris, a division of Grupo Tigre, is a Brazilian leader in the production and distribution of PVC frames, doors and windows. Claris offers high quality customized solutions for the residential and commercial market. Present in the market since 1999, Claris has a network of resellers covering all of Brazil. Claris was sold to Indústria Brasileira de Alumínio e Plásticos (IBRAP), a leading manufacturer of a wide mix of products, with an emphasis on aluminum frames, construction systems, translucent tiles, kit boxes, plastic sheets and laminates and aluminum profiles. Through its three manufacturing sites in Santa Catarina and Pernambuco, IBRAP employs more than 750 employees and its brand is a benchmark for safety in the market. The acquisition of Claris augments IBRAP´s service offering to include PVC in addition to aluminum and provides significant potential synergies with IBRAP´s existing industrial activities.
Based on its deep expertise in the industrial sector, seamless execution capabilities and access to a global base of strategic and financial investors, Lincoln International was retained by Grupo Tigre as its sole financial advisor for the carve-out of Claris. Lincoln worked closely with the Grupo Tigre´s management to develop a compelling investment thesis that highlighted Claris´ integrated business model, unique positioning in the Brazilian market and strong growth opportunities of PVC products, emphasized Claris’ synergy potential with key strategic buyers, led a competitive sale process and assisted management during negotiation and due-diligence stages. Lincoln´s extensive transaction track-record was key to establishing strong and deep relationships with corporations, private equity investors and business owners.
Meet our Senior Team
My approach with our bankers and clients is to listen, pay attention to detail, anticipate and keep an eye on the big picture.
Managing Director | CEO BrazilSão Paulo
View More Transactions
Lincoln International has advised Darshana Industries on its sale to Southco, a subsidiary of TouchPoint
Lincoln International has advised easylive.io on its sale to LiveU, a portfolio company of Carlyle
Lincoln International has advised Crimson on the sale of TydenBrooks to Madison Industries
Lincoln International has advised Global Loan Agency Services on receiving strategic investment from Levine Leichtman Capital Partners
Lincoln International has advised H2 Equity Partners on the sale of Cadogan Tate to TSG Consumer Partners
Lincoln International has advised Huttig Building Products on its sale to Woodgrain
Lincoln International has advised Chesnara on its acquisition of Sanlam Life & Pensions.
Lincoln International has advised private shareholders on the sale of their stake in LEBC to Tavistock Investments.
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.