— By Plasteurope.com staff — 

Albis (Hamburg, Germany; www.albis.com) has announced that it has acquired a majority stake in Brazilian plastics distributor Tecnomatiz (São Paulo, Brazil; www.tecnomatiz.com.br/), marking its entry into the Latin American market.

According to the German distributor, Tecnomatiz will retain its name and continue operations under managing director Sergio Salinas. Existing partnerships with BASF and Envalior are set to continue, with further partners to be added gradually.

Related: Albis announces distribution of Plexiglas, Pleximid expanded to UK and Ireland

The acquisition aims to make Albis’s full product and service portfolio available to customers in Brazil. Albis managing director for Iberia and Regional Sales Director for Latin America, Pablo Esteras, is expected to oversee the integration and lead operations across Brazil and the wider Latin American region.

The move forms part of Albis’s broader strategy to expand its international footprint beyond its established presence in Europe, the Middle East, and Asia.