# Swisspearl Group acquires Denmark's Cembrit

Swiss fibre cement maker Swisspearl Group is acquiring Denmark's Cembrit for an undisclosed sum, creating the second-largest fibre cement producer in Europe. The acquisition is retroactive from January 1, 2022.

- Type: Acquisition
- Announced: 2022-06-20
- Where: Aalborg, Denmark
- Jobs: 2,600
- Status: announced
- Products: fibre cement roofing and facade products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Solix Group](https://endata.com/companies/11793.md) (investor)
- [Solix Group](https://endata.com/companies/11793.md) (partner)
- [Swisspearl](https://endata.com/companies/24252.md) (acquirer)
- [Cembrit](https://endata.com/companies/62836.md) (target)
- [Solix Kapitalförvaltning AB](https://endata.com/companies/63724.md) (investor)

## Sources

- [uk.finance.yahoo.com](https://uk.finance.yahoo.com/news/fibre-cement-maker-swisspearl-group-183018901.html), 2022-06-20: "Swiss fibre cement maker Swisspearl Group said on Monday it was acquiring Denmark's Cembrit for an undisclosed sum, saying it was creating the second-largest fibre cement producer in Europe."
- [globalcement.com](https://www.globalcement.com/news/14935-swisspearl-group-to-acquire-cembrit), 2022-06-21: "Swisspearl Group has concluded an agreement to acquire fellow fibre cement board producer Cembrit."
- [roofingtoday.co.uk](https://roofingtoday.co.uk/fibre-cement-manufacturer-acquired-by-eternit-brand-owners/), 2022-06-22: "GLOBAL BUILDING envelope manufacturers and distributors, Swisspearl Group, owner of the Eternit brand, is acquiring Denmark's Cembrit from the Swedish investment company Solix."
- [accura.dk](https://accura.dk/en/cases/swisspearl-group-acquires-fibre-cement-producer/), 2022-06-23: "The Swiss fibre cement producer Swisspearl Group has acquired the Danish company Cembrit."
- [legalcommunity.ch](https://legalcommunity.ch/advestra-advises-swisspearl-financing-acquisition-cembrit/), 2022-06-27: "Swis­pearl, go-to part­ner for the design of aes­thet­ic and sus­tain­able build­ing envel­opes and liv­ing spaces acquired Dan­ish Cem­brit from the Swedish invest­ment com­pany Solix."

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