# Etex to acquire BGC's gypsum and fibre cement businesses

Belgium-based Etex has signed an agreement to acquire BGC's gypsum and fibre cement businesses in Australia and New Zealand, including a fibre cement boards plant in Canning Vale, Western Australia. Finalisation is expected in early 2024.

- Type: Acquisition
- Announced: 2023-10-12
- Where: Canning Vale, Western Australia, Australia
- Status: announced
- Products: gypsum wallboard, fibre cement boards
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [BGC](https://endata.com/companies/23053.md) (target)
- [Etex](https://endata.com/companies/28996.md) (acquirer)

## Sources

- [globalcement.com](https://www.globalcement.com/news/17076-etex-to-acquire-bgc-s-lightweight-building-materials-businesses), 2023-10-12: "This deal is a strategic opportunity for Etex to complement our footprint in Australia and further increase the accessibility of our products and services for customers."

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