The CHRYSO group finalised the acquisition of Swedish company Betongkemi Nordic AB on 31 July 2015. The company, which is based near Göteborg, was formed in 2008 and has since experienced strong growth on the Swedish market in both the ready-mix and the precast concrete segments.
Through this acquisition CHRYSO intends to consolidate its position in Europe, keep pace with the development of Betongkemi on its domestic market, and develop a platform for expansion in Scandinavia from this base in Sweden.
The new subsidiary will offer CHRYSO technologies aimed at the ready-mix concrete, pre-cast concrete, decorative concrete and cement markets. It will be named CHRYSO Nordic AB.
Adapted from press release by Rebecca Bowden
Read the article online at: https://www.worldcement.com/europe-cis/29092015/chryso-group-finalises-acquisition-682/