# Wetterbest acquires full ownership of Cortina WTB

Wetterbest, part of TeraPlast Group, increased its stake in Cortina WTB from 51% to 100%, after receiving approval from the Competition Council. Cortina WTB is a producer and distributor of metal tile in Oltenia.

- Type: Acquisition
- Announced: 2020-02-25
- Where: Podari, Dolj, Romania
- Status: completed
- Capacity: over 1.5 million square meters per year
- Products: metal tile
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Wetterbest](https://endata.com/companies/46120.md) (acquirer)
- [Cortina WTB](https://endata.com/companies/46121.md) (target)

## Sources

- [profit.ro](https://www.profit.ro/insider/companii/teraplast-a-inaugurat-o-noua-fabrica-wetterbest-investitie-de-44-5-milioane-lei-19314711), 2020-03-25: "Tranzacția prin care Wetterbest... preia Cortina WTB... a primit luna trecută undă verde din partea Consiliului Concurenței."

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