Duravant Establishes Entity in Brazil and Acquires Majority Stake in BVSP
Engineered equipment leader Duravant expands global footprint by establishing local entity Duravant Brazil LTDA and acquiring BVSP LTDA, a parts and service provider to the poultry processing sector.
Downers Grove, IL – April 10, 2023 – Duravant LLC (“Duravant”), a global engineered equipment and automation solutions provider to the food processing, packaging and material handling sectors, announced today the formation of Duravant Brazil LTDA. The announcement coincides with the company’s acquisition of a majority stake in BVSP LTDA (“BVSP”). BVSP is a manufacturer of parts and components for processing machinery and an aftermarket service provider for poultry processing lines.
“Brazil is the second largest global market for poultry production, and Duravant’s investment to build a sales and service infrastructure in the region advances our commitment to directly support our global food processing customers,” said Petros Diamantides, Duravant’s Chief Operating Officer, Emerging Markets. “Our new entity in Brazil will also leverage Duravant’s portfolio of world-class brands, products and services to expand our local reach into more diverse end markets.”
Duravant’s premium portfolio of products, services and integrated solutions are deployed through their thirteen operating companies who engineer, manufacture and support customers in over 190 countries worldwide. Duravant Brazil is the company’s first sales and service entity that will centrally support customers across multiple brands in a single geography. “We are committed to building long-term partnerships with key accounts and local clients, and investing in a Duravant-backed infrastructure is critical to delivering the highest lifetime value to our customers,” added Diamantides.
“It starts with providing the most outstanding service and support to our customers,” said Fabio Figueiredo, Duravant Brazil’s Managing Director. “The acquisition of BVSP immediately strengthens our ability to offer local spare parts and deploy a technical service and support team with the experience and talent our customers can depend on.”
BVSP operates in three sites with plans to expand their manufacturing capabilities. “We’re very excited about our new partnership with Duravant,” said Vinicius Cuchiara dos Santos, General Manager of BVSP. “Their impressive history of growth and innovation is a reflection of their customer-centric culture, which aligns perfectly with our service philosophy and commitment to the Brazilian market.
About Duravant
Headquartered in Downers Grove, IL, Duravant is a global engineered equipment company with manufacturing, sales and service facilities throughout North America, South America, Europe and Asia. Through their portfolio of operating companies, Duravant delivers trusted end-to-end process solutions for customers and partners through engineering and integration expertise, project management and operational excellence. With worldwide sales distribution and service networks, they provide immediate and lifetime aftermarket support to all the markets they serve in the food processing, packaging and material handling sectors. Duravant’s market-leading brands are synonymous with innovation, durability and reliability. For more information, visit www.duravant.com.
Media Contact:
Eleni Yianas
Duravant
Vice President, Marketing
eleni.yianas@duravant.com
www.duravant.com