Cement News tagged under: Opterra Beton GmbH

RSS feed

Thomas Gruppe acquires Opterra Zement GmbH and Opterra Beton GmbH

24 October 2022, Published under Cement News

Thomas Gruppe has confirmed the acquisition of Opterra Zement GmbH and Opterra Beton GmbH (east Germany), which have been owned by CRH Plc since 2015 as part of the pre-merger bulk acquisition of certain Lafarge and Holcim assets.  CIC-Market Solutions estimates Opterra's cement sales to be close to EUR110m. The transaction amount has not been disclosed but is unlikely to exceed EUR200m. CRH previously tried to sell this asset to Schwenk Zement KG in 2017 (transaction value of the m...