Mapei Buys Plant in Bulgaria

Milan, Italy, Jan. 11, 2010--Mapei recently acquired a production plant in Bulgaria from Orgachim, a manufacturer of varnishes and paints.

The 15,000 square meter plant is now dedicated to the production of ceramic tile adhesives and thermal insulation systems.

“This acquisition is oriented to allow Mapei to strengthen its presence not only in Bulgaria but also in Romania, where the group is currently operating through its local commercial subsidiary, Mapei Romania," said Veronica Squinzi, global business development director.

"Our investment  also proves that, despite the slump in the construction industry that has been caused by the economic crisis, the Mapei Group keeps looking at the countries of Eastern Europe in order to maximize any attractive opportunities from new and growing markets.”

Mapei Group now owns 56 production plants worldwide.