Alchemco Acquires Distribution company in South America

July 31, 2020





Alchemco Acquires Distribution company in South America




Richmond, VA – Alchemco, a full-line global manufacturer of products used to clean, repair, protect, and waterproof concrete & masonry structures has taken another step in its strategic plan of growth through acquisition. Alchemco announced today that it has completed the acquisition of Tecnorap Sistemas Construtivos, a leading specialtyconstruction distributor serving the Brazilian territory. Tecnorap Sistemas Construtivos brings an experienced team ofassociates and extensive network and will operate under the Alchemco business unit.


The combination of these businesses will enable the combined company to provide greater value to its customersand better serve their needs. “We are thrilled for our customers and associates that Tecnorap has joined Alchemco,” saidMario Baggio, Alchemco CEO. “This acquisition further strengthens Alchemco’s presence in Brazil, deepens its product expertise, and increases its value-added service offerings for our customers.”


The two highly respected brands come together with the mutually shared interest of satisfying building owners withstate- of-the-art waterproofing solutions through the supply of durable materials supplied in a timely fashion.Furthermore, abundant product and strategic synergies enhance the combined strengths of the consolidatedcompanies. Among these is the drive to provide innovative, market-driven, applicator-friendly, practical products thatsolve real problems.

These values have been enabled by supportive ownership under which Tecnorap has thrived. In this acquisitionAlchemco has found common ground on its core values and the cultural synergies could not be better for bothTecnorap and Alchemco.


The Tecnorap management team of CEO Leonardo Coutinho, along with their entire respective marketing, sales, administration, and staff will continue to drive Tecnorap’s success under Alchemco’s ownership and brand. “We arepleased to be joining the Alchemco family, and feel this is absolutely the best fit for the next exciting stage in Alchemcoglobal growth plan.” comments Coutinho.


About Alchemco Global: 

Alchemco products are used on projects throughout North America, as well as on five different continents. In 2018, Alchemco acquired the formulas & assets of TechCrete, LLC. – a creator & manufacturer of superior waterproofing products that have protected concrete structures around the world for the past 40+ years in 75 countries. One of the most unique offerings, ‘TechCrete 2500 Waterproofing Agent’ recently won the ‘2020 Most Innovative Product Award’ at the World of Concrete Convention in Las Vegas.