# TeraPlast Group acquires Wavin Hungary's pipe production assets

TeraPlast Group, through its subsidiary Polytech Kft, acquired Wavin Hungary's assets for PVC and PE pipe production for EUR 7.04 million. The assets include a facility in Zsámbék with an annual production capacity of 12,000 tons of pipes.

- Type: Acquisition
- Announced: 2024-12-19
- Where: Zsámbék, 30 km west of Budapest, Hungary
- Value: $7.70M (7.04M EUR)
- Status: announced
- Capacity: 12,000 tons of pipes per year
- Products: PVC pipes, PE pipes
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [TeraPlast Group](https://endata.com/companies/34244.md) (acquirer)
- [Wavin Hungary](https://endata.com/companies/81910.md) (target)

## Sources

- [romania-insider.com](https://www.romania-insider.com/teraplast-group-acquires-wavins-assets-hungary-2024), 2024-12-19: "Our strategy has always been to be market leaders in every market where we operate."

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