Industrial Minerals


EU backs Etex acquisition of Lafarge gypsum business

03 November 2011


Belgium-based building material group to buy Europe and South American operations

Keywords: Etex Group, Lafarge, gypsum, construction

The European and South American gypsum operations of French building materials company Lafarge will be acquired by Etex Group of Belgium, a manufacturer of building material and systems, after the deal received competition approval from the European Commission.

 

Etex said the deal would allow it to become a major player in dry construction, as new requirements for energy efficient housing make this business one...