The antitrust watchdog said it will assess the economic concentration operation in terms of its compatibility with the normal competitive environment and will issue a decision within the law-stipulated deadlines
Xella, Macon and Simbeton’s core activity consists in manufacturing concrete products for constructions, Simcor Var makes limestone and gypsum and Simterac makes other ceramic products.
Dr. Jochen Fabritius, Xella Group CEO, said in December 2017 that the acquisition of Macon group turns Xella into one of Romania’s leading building materials manufacturers and the main ACC producer in Romania.
In Romania, Xella reported an 18% higher turnover in 2016, of RON63.8 million (EUR14.2 million), after supplying materials to various real estate developers, among which Lithuania’s Hanner (the developer of residential compound The Park Apartments), Italy’s Nusco (Nusco Premio and Nusco Citta), Israeli companies Shikun & Binui and Red Sea Group (City Point and New Point), as well as other local real estate developers in Brasov, Bacau, Cluj-Napoca and Craiova.
Xella owns in Romania a production unit for autoclaved cellular concrete (ACC) products in Central and Eastern Europe (CEE), and a factory in Paulesti, which was built in 2010.
Macon Deva had a turnover of RON124 million in 2016, up 13% versus 2015, according to Finance Ministry data.
The production of Macon SRL, the main company within the same name group, is structured on three business lines.