Duratex : 07/31/2019 Notice to the Market – Cecrisa Acquistion
August 31, 2019 at 07:55 pm EDT
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CNPJ 97.837.181/0001-47
A Publicly Held Company
NOTICE TO THE MARKET
SIGNING OF THE FINAL PAPERS FOR THE
ACQUISITION OF CECRISA
DURATEX S.A. (DURATEX or "Company") is pleased to inform its shareholders, and the market in general, that on July 31, 2019, it signed, through its subsidiary CEUSA, the final papers relating to the completion of the purchase of 100% of the shares in the company CECRISA REVESTIMENTOS CERÂMICOS S.A. ("CECRISA"). The operation has been approved, without restrictions, by CADE - the Administrative Council for Economic Defense. CECRISA's results will be incorporated into those of Duratex with effect from August 1, 2019.
The value of the acquisition, subject to variations in working capital and net debt, is up to R$539 million, as at May 22, 2019, and will be comprised of: (i) payment of R$264 million in cash; and (ii) possible additional amount of up to R$275 million upon verification of future suspensive conditions. The value of the CECRISA's net debt was R$442 million as at April 30, 2019.
The acquisition of CECRISA is aligned to Duratex's proposition of "Solutions for Better Living" and reaffirms its commitment to the generation of value for its shareholders and other stakeholders.
São Paulo (SP), July 31, 2019.
DURATEX S.A.
Carlos Henrique Pinto Haddad
Investor Relations Director
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Duratex SA published this content on 31 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 July 2019 23:54:04 UTC
Dexco SA, formerly known as Duratex SA, is a Brazil-based company primarily engaged in the manufacture of wood panels. The Company operates in three business segments: Wood, Deca and Ceramic Tiles. The Wood division is responsible for the production of hardboard; medium density particle (MDP) panels; medium, high and super density fiberboard (MDF, HDF and SDF) panels; laminate flooring, named Durafloor, and components for the furniture industry. The Deca division focuses on the production of sanitary ceramic and metal products under Deca and Hydra brand names. The Ceramic Tiles division produces polished porcelain tiles, special coatings and other tiles under Ceusa and Portinari brand names. The Company operates industrial plants and commercial branches in Brazil, Colombia, Peru and the United States, among others.
DEXCO S.A. 
