Mapei opens a new facility in Portugal
Mapei is continuing its international expansion strategy with the opening of a new plant in Cantanhede, Portugal for an investment of around €13 million. For the occasion Marco Squinzi, joint CEO of Mapei together with his sister Veronica, met the Italian Ambassador to Portugal, Carlo Formosa, in Lisbon.
Occupying a total surface area of 26,500 m² (including 12,000 m² under cover), the new facility is equipped with cutting-edge technology that will allow the Portuguese subsidiary to boost its production capacity, expand its product range and further improve its local customer service. The new site will also house the Mapei Academy, Mapei’s training facility organising free events for designers, installers, retailers and companies.
“We began our venture in Portugal in 2001 as a small company, but are now one of the leading players in the building chemicals sector,” says Marco Squinzi. “This new, modern factory will enable us to meet the needs of the local market and continue to grow, offering high-quality innovative, durable and environmentally friendly solutions, such as our Zero Line of products with fully offset CO2 emissions.”
“We plan to continue growing sustainably, intensifying our operations in markets that we consider strategic,” adds Veronica Squinzi. “With its stable economy and steady growth in sectors such as renewable energy, real estate, tourism and technology, Portugal is a promising investment opportunity for our group. Thanks to the professionalism and vision of our local team, we are confident that we will continue to expand our presence in the country.”
The recently inaugurated Mapei World Lisboa at Mapei’s Portuguese headquarters in Parque das Nações, Lisbon offers designers a chance to explore Mapei’s products and gain inspiration for their projects, mirroring the concept found in Mapei’s spaces in Paris, London and Milan.
Mapei Portugal employs around 100 people and has achieved steady growth, reaching a turnover of more than €30 million in 2023. It also has a warehouse in Rio do Mouro, near Sintra.
Over the years, Mapei’s products have been used in major residential, urban and infrastructural development projects throughout Portugal, including subways in Porto and Lisbon, football stadiums for Euro 2004, the construction of the Holy Trinity Church in Fatima, the expansion of the Portela Airport in Lisbon, the renovation of the bridge over the Arade river in Portimão, and many more.