# Schwenk abandons acquisition of Opterra's Karsdorf cement plant

Schwenk KG has abandoned its plans to acquire a cement plant in Karsdorf, Saxony-Anhalt from Opterra GmbH (a subsidiary of CRH), after the Bundeskartellamt raised competition concerns. The withdrawal also includes the acquisition of a plant in Sötenich.

- Type: Acquisition
- Announced: 2017-11-16
- Where: Karsdorf, Saxony-Anhalt, Germany
- Status: cancelled
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [CRH](https://endata.com/companies/15142.md) (partner)
- [Opterra](https://endata.com/companies/17988.md) (target)
- [Schwenk](https://endata.com/companies/23153.md) (acquirer)

## Sources

- [bundeskartellamt.de](https://www.bundeskartellamt.de/SharedDocs/Meldung/EN/Pressemitteilungen/2017/16_11_2017_Schwenk_Opterra.html), 2017-11-16: "The merger was expected to significantly impede effective competition and would have therefore had to be prohibited."

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