# Etex acquires remaining 59.31% of Pladur for €90.4m

Etex, a Belgian industrial group, has acquired the outstanding 59.31% of shares of Pladur Gypsum for €90.4m, gaining full control of the Spanish plasterboard manufacturer.

- Type: Acquisition
- Announced: 2017-12-22
- Where: Valdemoro, Madrid, Spain, Spain
- Value: $107.0M (90.4M EUR)
- Status: completed
- Products: plaster and gypsum plasterboard, building systems
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Etex](https://endata.com/companies/28996.md) (acquirer)
- [Pladur Gypsum](https://endata.com/companies/28997.md) (target)

## Sources

- [livingstonepartners.com](https://livingstonepartners.com/transaction/etex-a-global-belgium-industrial-group-has-acquired-pladur/), 2017-12-22: "The acquisition of Pladur is a strategic step for Etex and the group will now position itself a as benchmark in the Iberian market, and strengthen its leadership in the European plasterboard sector."

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