Purchase Tiger brush operations of Condor

Tigre, pipes and fittings company, bought the brush arm of Condor, one of the largest manufacturers of brushes in the country.
The operation was closed by 42 million reals, according to report of economic value, this Friday, and needs the approval of the Administrative Council of economic Defense (Cade).
According to the report, with the acquisition, the Tiger plans to expand its business in the country and abroad and expand its portfolio in the segment of brushes.
The 700 already have brushes operation with more than 2,000 products, divided into four lines: artistic, handcrafted, real estate and school.