Berger Slovakia acquires PCLA stake

Berger Slovakia acquires PCLA  stake
12 January 2004

Slovak producer of construction materials Berger Slovakia, a subsidiary of German construction holding company Berger Holding, acquired a sizeable stake in Slovak cement producer Povazska Cementaren (PCLA).  Berger Slovakia, formerly known as Portlandcement, received the stake from its parent company, according to information, released by the Slovak Central Securities Register (SCP). German Berger Holding currently holds a 2.54 pct stake in PCLA.  Berger Slovakia bought the stake in PCLA in a direct deal on the Bratislava Stock Exchange on January 8, 2004. Berger Slovakia acquired 238,378 PCLA shares for 1,150 Slovak crowns ($35.9/28.2 euro) per share.

Published under Cement News