Jomarca acquire the South Brazil  | FASTENER EURASIA MAGAZINE
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Jomarca acquire the South Brazil 

Sergio Milatias 
Editor in Chief of Revista do Parafusos

The agreement covers just the accessories unit.  

One of the most important Brazilian fasteners industries, the Jomarca announced, in August 2020, the acquisition of the entire industrial park of South Brazil Furniture Accessories, owned by the Group South Brazil (GSB). With 30 years in the market, the GSB opted for the sale to invest more in its activities in the nonwoven fabric business.

“This agreement consists of the acquisition of all lines of accessories from GSB, such as hinges and slides, except the plastic line of handles. In the coming months all this equipment will be moved from Caçador town, from Santa Catarina State, to Jomarca's industrial plant in Guarulhos, São Paulo State. After the change concluded, we estimate that it will start operating in the beginning of 2021. However, a part of it should already be in operation already in 2020. As a result, our current number of employees should jump from 1,000 to 1,200 people. We will expand the Jomarca portfolio of furniture accessories and deliver even more variety to our customers and partners”, told Ricardo Marques Castelhano, the Jomarca superintendent director.