# Baumit acquires Ital-Kol in Romania

Austrian building materials company Baumit fully acquired Italian-Romanian company Ital-Kol S.A., which operates a dry mortar plant and a limestone deposit near Timisoara, Romania.

- Type: Acquisition
- Announced: 2019-08-20
- Where: near Timisoara, Romania
- Status: completed
- Products: dry mortar, limestone
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Baumit GmbH](https://endata.com/companies/32628.md) (acquirer)
- [Ital-Kol](https://endata.com/companies/41450.md) (target)

## Sources

- [diepresse.com](https://www.diepresse.com/5676579/baumit-kauft-in-rumaenien-zu), 2019-08-20: "Durch diese Akquisition erhöhen wir nicht nur die Produktionskapazität, sondern garantieren mit dem neuen Trockenmörtelwerk in Sag aus logistischer Sicht eine optimale Nahversorgung für Westrumänien."

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