Lasselsberger-Knauf acquires Nikecell plaster unit in Hungary

Recycling

Austrian building materials maker Lasselsberger-Knauf on Wednesday said it acquired peer Nikecell’s plaster manufacturing and sales unit. The acquisition will raise Lasselsberger-Knauf’s headcount from 110 at present by 15. Family-owned Lasselsberger-Knauf had revenue of about HUF 5.5 billion (€18.8 million) last year. It has plants in four cities in Hungary as well as one in Croatia.

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