Etex agrees to buy Knauf Australia

Belgium-based Etex has agreed to acquire Knauf Australia from Germany-based Knauf, including three gypsum wallboard plants in Altona, Matraville and Bundaberg, and over 300 employees. The acquisition is expected to close in early 2021 for an undisclosed sum.

“Paul Van Oyen, the chief executive officer (CEO) of Etex said, 'This transaction is a major milestone in the execution of our strategic roadmap initiated two years ago.'”globalgypsum.com

• 1 source
• globalgypsum.comEtex agrees to buy Knauf AustraliaGlobal Cement staffNov 27, 2020

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