EU BACKS ETEX GROUP’S ACQUISITION OF LAFARGE GYPSUM BUSINESS
November 1st, 2011
BY MJ DESCHAMPS
THE EUROPEAN and South American gypsum operations of French building materials company Lafarge will be acquired by Etex Group NV/SA of Belgium, a manufacturer of building material and systems, with the deal now receiving competition approval from the European Commission. The Etex Group said the deal would allow them to become a major player in dry construction, as new requirements for energy efficient housing make this business one of the most promising segments of the building materials market. Gypsum, a soft sulphate mineral has long been used ...
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