The deal is currently pending antitrust clearance.
Siceram has a brick factory with a production capacity of 880 cubic meters a day, a ceramic roof tile factory with a capacity of 4,000 square meters a day, a reinforced beam factory and a line of artisanal products made to order for the reconditioning of historical monuments. All Siceram’s production facilities are located in Sighisoara, central Romania.
Siceram had a turnover of RON86 million in 2018, up nearly 10% on the year, and its net profit grew 20% on the year, to approximately RON10 million, according to finance ministry data.
Siceram Sighisoara is owned by current and former employees or their heirs after the company was privatized after 1989. Board of directors members own 53% of the company’s shares. Siceram is one of the oldest construction materials manufacturers in Romania, dating back to 1907.
Leier is currently investing EUR7 million in a new production unit in Romania, besides its plant in Alba county and the one Iasi.