# KEBE acquires brick production facility in Serbia for over €10M

Northern Greece Ceramics (KEBE) acquired and will upgrade a brick production facility in Mihajlovac, Serbia, with a total investment of over €10 million, aiming to double capacity to 600 tons per day initially and reach 1,000 tons per day by 2027.

- Type: Acquisition
- Announced: 2024-02-13
- Where: Mihajlovac, Serbia, Serbia
- Value: $10.8M (10.0M EUR)
- Status: announced
- Capacity: 600 tons of bricks per day (initial), 1,000 tons per day (by 2027)
- Products: structural ceramic products, bricks
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [KEBE](https://endata.com/companies/75608.md) (acquirer)

## Sources

- [kebe-sa.gr](https://www.kebe-sa.gr/en/new/northern-greece-ceramics-kebe-acquires-production-facilities-in-serbia-and-strengthens-its-presence-in-the-balkan-market/), 2024-02-13: "We are very happy to proceed with a strategic investment, which is fully aligned with our business goal for strengthening further our leader position in the construction industry."

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