The decision to acquire operations outside Mexico in order to extend Grupo Lamosa’s geographical footprint, diversify revenue streams and dilute risks has produced clear benefits. Now that the foreign operations have been integrated, important synergies have been achieved. This has enabled the development of an extensive network of products and services throughout the American continent, which complement each other to ensure competitiveness and profitability. Another competitive advantage is the company’s logistics capabilities, which are used to identify which plant should supply the different markets with the right product offer, rapidly and efficiently.
Grupo Lamosa’s size and geographical diversification, based on the extensive coverage of 28 production centers, allows it to adjust and differentiate its production lines to optimize the product mix and scale capacity, either up or down, with great flexibility. In varied and adverse environments, this ability to respond to market fluctuations represents an important advantage over the competition and one of the reasons why, even in environments such as the one lived in 2019, the company’s operations posted increased profitability.
Additionally, Grupo Lamosa has the financial fortitude to face the uncertainty that is anticipated for the near future without compromising its vision of sustainable growth. During 2019, the company refinanced its entire debt, extending its repayment schedule further into the future; and, at the end of the year, the new adhesives plant in Chile began operating, starting up the Adhesives Business’s activities in the Southern Cone, a region with great future potential.
