# Chryso acquires majority stake in Aptex Morocco

Chryso Group signed an agreement to acquire a majority stake in Aptex, a Moroccan construction chemicals company with a production unit and laboratory in Casablanca. The transaction is subject to regulatory approval and expected to close in Q4 2020.

- Type: Acquisition
- Announced: 2020-10-15
- Where: Casablanca, Morocco
- Status: announced
- Products: construction chemicals, admixtures, cement additives, decorative concrete products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [CHRYSO](https://endata.com/companies/23051.md) (acquirer)
- [Aptex](https://endata.com/companies/50537.md) (target)

## Sources

- [chryso.com](https://www.chryso.com/news/chryso-strengthens-its-presence-in-morocco-with-aptex/), 2020-10-15: "By acquiring a majority stake in APTEX, we sustain our long-term relationship with our Moroccan customers and strengthen our local roots in Morocco."

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