When ZF called him, Daniel Guzu said no comment on the sale of Duraziv, and Saint-Gobain did not return ZF’s calls for comment by press time.
“CRH Romania will not comment on rumors and speculations about its development intentions,” CRH officials in Romania said.
Daniel Guzu has been looking to sell Duraziv for a while, market sources said, and is now in rather advanced talks with potential buyers.
This would not be his first exit, because in 2009 he sold the Fabryo paint business, initially called Guzu Chim, to private equity firm Oresa Ventures, which later sold it to Akzo Nobel in 2018.
(English version by Loredana Fratila-Cristescu)