Cortec Acquired 100% Ownership of Cortec Southeast Asia Technologies

Date: 20/12/2022
Categorias: Corporativo
Group photo of Cortec Southsast Asia personnel

Cortec will improve real-time customer support and responsiveness for its clients in Southeast Asia.

The international manufacturer of VpCI®/MCI® corrosion control technologies Cortec Corporation® has recently announced that it has completed the acquisition of Cortec® Southeast Asia (CSEA), which is now its wholly owned subsidiary.

Since January 2019, the Singapore offices of CSEA have been a valued partner and distribution hub for the products and services of the company in Southeast Asia, serving the markets of Singapore, Malaysia, Thailand, Brunei and Indonesia. The acquisition allows to improve the real-time customer support and responsiveness, as well as increase the direct connection with the headquarters in Saint Paul (Minnesota, U.S.A.)

The company already hosted a sales and training meeting on 4th November 2022 for its distributors in the area, in order to focus on approaches to business and market challenges, global case histories, asset preservation strategies and company updates.

“The acquisition of Cortec® SEA in Singapore is an important step forward for our Group by expanding logistics and technical support to the distribution network in Asia and Australia. We founded Cortec® 45 years ago and have watched it grow from a rust preventative startup at his home in Minnesota into a multinational entity with offices based in the U.S., Canada, Europe, and now Singapore”, has stated Boris Miksic, the CEO of Cortec Corporation.