◂ Announcements

Apr 14, 2020ACQUISITIONEggenstein-Leopoldshafen, Germany

Schwenk Zement acquires full ownership of Celitement GmbH

Schwenk Zement KG acquired 100% of shares in Celitement GmbH, backdated to January 1, 2020, making it a full subsidiary, and will invest in expanding the existing pilot plant at the KIT site in Eggenstein-Leopoldshafen, Germany.

Status

Completed

Productshydraulic calcium hydrosilicate (hCHS) binding agent

CompaniesSchwenk Zement acquirer Celitement GmbH target Karlsruhe Institute of Technology partner

Sectors#Construction Materials

“Schwenk Zement KG will initially invest in expanding the existing pilot plant and will significantly increase the actual production output.”cemnet.com

1 source
cemnet.comSchwenk Zement acquires 100% shares of Celitement GmbHApr 14, 2020

Summarized from public sources; check the original articles before acting on it.

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