Rexcel & Desc

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Rexcel, a subsidairy of DESC, acquired the pressed Wood business of Ponderosa Industrial de Mexico.

Rexcel, S.A. de C.V. manufactures and distributes particleboard and decorative laminates in Mexico.

Ponderosa Industrial de Mexico, S.A. de C.V. is a subsidiary of Corporacion Durango, S.A. de C.V.

PC Capital acted as advisor to Rexcel.