Lasselsberger-Knauf acquires Nikecell plaster unit in Hungary
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.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.