Crudu has been running fiber glass producer BICO Industries business over the last six years.
Crudu will coordinate Sarcom’s growth strategy in order to speed up the company’s long-term development, data from ROCA Industry representatives showed Thursday.
For 25 years, Laurenta Crudu has held various middle and top management positions within companies operating on the building materials market. Over the last ten years, Laurenta Crudu has been part of BICO Industries team, at first as commercial director and subsequently, over the last six years, as CEO.
ROCA Industry is a building materials holding company that brings together all the companies in the ROCA Investments portfolio in this field of activity,
ROCA Industry is the first holding company for construction materials to be listed on the AeRO market of the Bucharest Stock Exchange and is the first strategic project of ROCA Investments, which groups under the umbrella of a specialized holding company Romanian companies producing construction materials. ROCA Industry currently comprises BICO Industries, the largest domestic manufacturer of fiberglass mesh and fiberglass fittings and one of the largest manufacturers in Europe, and Sarcom, one of the largest manufacturers of paints and varnishes in Romania.
The holding company intends that over the next three years, through organic development and M&A consolidations with other companies in the same field, to have in its composition 10-12 complementary companies that will allow the generation of synergies.