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News Estonian competition authority opens additional proceedings into Schwenk Eesti's Betoonimeister stake acquisition

Estonian competition authority opens additional proceedings into Schwenk Eesti's Betoonimeister stake acquisition

Written by Global Cement staff 01 November 2022
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Estonia: Competition authorities have opened additional proceedings into Schwenk Zement subsidiary Schwenk Eesti's deal to acquire a majority stake in Betoonimeister. The parties concluded their agreement in late September 2022.

Betoonimeister supplies ready-mix concrete across Estonia from six batching plants in Jõhvi, Pärnu, Tapa, Tallinn and Tartu. It employs a total of 90 people.

Last modified on 02 November 2022
Published in Global Cement News
Tagged under
  • Estonia
  • Betoonimeister
  • Stake
  • Schwenk Zement
  • Schwenk Eesti
  • Acquisition
  • Antitrust
  • Competition
  • readymixed concrete
  • Deal
  • GCW581
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