# Danosa acquires Recodul's mortar business unit in Spain

Danosa has acquired the special mortars business unit of Argos Derivados del Cemento from the Recodul Group, including the production unit, goodwill, and brand, to strengthen its position in the Iberian waterproofing market.

- Type: Acquisition
- Announced: 2017-07-20
- Where: Iberian Peninsula, Spain
- Status: completed
- Products: special mortars, waterproofing systems
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Danosa](https://endata.com/companies/25763.md) (acquirer)
- [Recodul Group](https://endata.com/companies/25764.md) (target)

## Sources

- [en.empresaexterior.com](https://en.empresaexterior.com/Danosa-acquires-Recodul%27s-mortar-business-to-strengthen-its-position-in-the-Iberian-market/), 2017-07-20: "This acquisition strengthens Danosa's position in the Iberian waterproofing market at a time of recovery for the sector following the construction crisis."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.