Home / BUSINESS / Macon’s acquisition by Xella, completed
Xella takes over Macon and becomes the largest AAC manufacturer on local market

Macon’s acquisition by Xella, completed

The transaction by which Germany-based building materials maker Xella buys Macon Group, one of Romania’s foremost manufacturers of construction materials, owned by Polish Enterprise Fund V and Polish Enterprise Fund VI, private equity funds managed by Enterprise Investors, was closed on Monday, April 30, while the sale purchase agreement was signed in December 2017.

According to a press release, RTPR Allen & Overy has advised Enterprise Investors in relation to this matter, while a team of M&A advisors from PwC Romania also assisted on the deal.

With the acquisition of Macon, Xella becomes one of the market leaders in the Romanian building materials market and Romania’s main manufacturer in AAC. Xella becomes a major player in lime and precast concrete.

At the same time, Xella will also take over Simcom Var – the lime and plaster manufacturer, Simbeton – a manufacturer of concrete products for construction, and Simtera – a ceramics manufacturer, part of the Macon Group.

About Anca Bernovici