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News Xella acquires Macon Group including lime plant

Xella acquires Macon Group including lime plant

Written by Global Cement staff 20 December 2017
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Romania: Xella has signed an agreement with two Polish private equity funds managed by Enterprise Investors (EI) to acquire the Macon Group. The Romanian building materials producer operates the Simcor Var lime plant as well as producing concrete and tile products. The transaction is subject to approval by the relevant competition authorities. The deal is expected to be completed in the first half of 2018. No value for the acquisition has been disclosed.

"With the acquisition of Macon, Xella becomes one of the market leaders in the Romanian building materials market and Romania’s main manufacturer in autoclaved aerated concrete (AAC). Xella becomes a major player in lime and precast concrete,” said Xella Group chief executive officer (CEO) Jochen Fabritius.

Last modified on 20 December 2017
Published in Global Cement News
Tagged under
  • Romania
  • Xella
  • Macon
  • Lime plant
  • Acquisition
  • GCW333

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