Displaying items by tag: Schwenk Eesti
Schwenk Eesti cleared to gain majority stake in Betoonimeister
17 January 2023Estonia: The Estonian Competition Authority has granted permission to Schwenk Eesti to gain a majority stake in ready-mix concrete producer Betoonimeister. Baltic Business Daily News has reported that Betoonimeister's six ready-mix concrete batching plants are located in Tallinn, Tartu, Johvi, Tapa and Parnu.
Published in
Global Cement News
Estonian competition authority opens additional proceedings into Schwenk Eesti's Betoonimeister stake acquisition
01 November 2022Estonia: 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.
Published in
Global Cement News