Four years after Soudal took a majority share in her exclusive Australian distributor Soudis, the company has now acquired the full ownership of her local partner.
On March 1st 2014, Soudal acquired a majority share of 60% in Soudis, her exclusive local distributor in Australia. In order to strengthen the integration of the company in the global Soudal structure, the name was changed to Soudal PTY Ltd. Four years on, the Sydney based affiliate is now fully acquired. Soudal PTY Ltd. currently realizes a turnover of $ 30 million, with a workforce of 32.
Read more in the press release.
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