# LERG acquires 76% stake in WeButex

LERG S.A. has acquired a 76% majority share in WeButex Kunststoffbearbeitung GmbH, a German processor of thermoset laminates. The acquisition was announced on 2023-09-26.

- Type: Acquisition
- Announced: 2023-09-26
- Where: Roding, Germany, Germany
- Status: announced
- Products: thermoset laminates, phenolic and epoxy resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [LERG S.A.](https://endata.com/companies/72853.md) (acquirer)
- [WeButex Kunststoffbearbeitung GmbH](https://endata.com/companies/72854.md) (target)

## Sources

- [feroxlegal.com](https://feroxlegal.com/en/ferox-legal-advises-on-acquisition-of-a-majority-share-in-webutex-by-lerg-s-a/), 2023-09-26: "LERG S.A. (LERG) has acquired a total of 76 per cent of WeButex Kunststoffbearbeitung GmbH (WeButex), one of the best-known processors of thermoset laminates."

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