Belgips

Activity by year

2017201820192020202120222023202420252026

AcquisitionNew facility

Jun 18, 2018NEW FACILITYGatovo, Minsk region, Belarus$70.0Mops Oct 2018
Volma and Knauf build new Belgips gypsum plant in Gatovo, Belarus
Volma Corporation and Knauf are building a new plant for Belgips in Gatovo, Minsk region, to produce gypsum products and construction mixtures. Investment is about 60 million euros, with capacity of 30 million m² of plaster wallboards, 500,000 m² of slabs, and 120,000 tons of dry mortars per year. First products expected in October 2018.
VOLMA Corporation Knauf partner Belgips partner #Construction Materials investinbelarus.by
Dec 28, 2017ACQUISITIONBelarus, Belarus
Knauf indirectly acquires 50% stake in Belgips via Volma LLC
Knauf acquired a 50% stake in Corporation Volma LLC (Russia), which is a major shareholder of Belgips, a Belarusian gypsum plasterboard manufacturer. The transaction will also fund a new manufacturing facility for Belgips.
Knauf acquirer Belgips target Corporation Volma LLC target #Construction Materials ceelegalmatters.com
Mar 23, 2017ACQUISITIONBelarus
Knauf to become co-owner of Belgips
Knauf is expected to become joint owner of Belgips, a gypsum wallboard producer in Belarus, by purchasing half of the company from Russia's Volma. The transaction is pending approval from competition bodies.
Knauf acquirer VOLMA Corporation partner Belgips target #Construction Materials globalgypsum.com

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