Weiler buys Rei Abrasivos
Weiler Corporation has acquired Rei Abrasivos, a Brazilian manufacturer of vitrified and bonded abrasive products for the metalworking and foundry industries.
Terms of the transaction were not disclosed.
The addition of Rei Abrasivos expands Weiler’s reach into the growing Brazilian metal fabrication and foundry segments.
“With this acquisition, we are joining two great companies and brands, both with proud family histories, now coming together to offer performance-based solutions to the Brazilian market,” said Chris Weiler, CEO, Weiler Corporation.
Rei is a well-recognized brand in Brazil. The company’s line of abrasives include vitrified, bonded and specialty abrasives. “The addition of the Rei brand and products supports our strategy in Brazil and will increase our ability to meet the needs of our customers,” said Claudio Santos, general manager, Weiler do Brasil.
“The Rei team is excited about becoming part of the Weiler Corporation. Our legacy of providing performance-based abrasive solutions to the Brazilian market complements Weiler‘s capabilities and together allows us to provide a broader range of industrial grinding and finishing solutions,” said Luiz Antonio Gallo, Industrial Director, Rei Abrasivos.