Soudal acquires in Australia

Soudal Australia
SOUDAL has recently acquired a majority share in SOUDIS, its former importer. Soudis has been Soudal's exclusive importer in Australia for many years and had already established a solid reputation as a reliable partner for distributors in both professional construction and the Retail market.

Through this majority shareholdership, Soudal wishes to deepen its presence in the Australian market. With its current population of more than 23 million inhabitants, Australia offers a great growth-potential for the future. We consider the acquisition of Soudis as the next logical step in our aim to become active worldwide.

The takeover of the Soudis business includes all personnel and assets. SOUDIS will be renamed to SOUDAL PTL LTD, and becomes the 44th Soudal branch worldwide.

Read more in the press release.