The three Bauelemente plants acquired, which are located in Aricestii Rahtivani (Prahova County), Bolintin (Ilfov County) and Cristian (Sibiu), will operate under the Bauelemente brand, a CRH company.
The transaction was greenlighted by Romania’s Competition Council but its value has not been disclosed.
Bauelemente had a turnover of RON382 million in 2022, up 55% on the year, a profit of RON54.3 million, and 393 employees, in line with data available on the finance ministry website.
In 2022, Romcim also acquired the precast concrete division of Macon Group which Germany’s Xella had taken over in 2018. The transaction targeted Macon’s two precast concrete plants in Deva and Oradea, which employ 180 people.
In Romania, Romcim, the buyer of the Bauelemente plants, owns two cement plants located in Medgidia and Hoghiz.