With an investment of €45 million, mostly in the form of a capital increase, Cleon is providing the financial resources for the growth of ABK Group and joins the shareholder structure alongside the founding partners.
In the first half of 2023 revenue increased by 23,5%. The performance has benefitted from a well-balanced order book and an appropriate portfolio pricing implemented to offset the increase in input costs.
BMR’s heavy clay division continues to garner recognition amongst national and international brick and tile manufacturers who appreciate the outstanding quality of its technologies backed up by rapid and effective customer support.
Despite the 14% decline in revenues, the first-half results were still slightly better than expected. The performance demonstrates the UK brick producer’s resilience in a subdued market environment, with lower customer demand across both new build and RMI segments.
The upgrade, which was concluded successfully and to schedule, was aimed at significantly increasing production capacity and improving the handling of new thermally insulating blocks.
Panariagroup gains ownership of the company’s Leisnig facility, brands, sales network and stock and becomes one of the leading players in the German-speaking markets.
While waiting for the inauguration of the Somany Max plant in December, the Indian group expects a double-digit growth in volume and an improvement in margins in the current fiscal year
The Peruvian company has installed a new automated packaging line at its Huachipa factory, eliminating much of the manual work and increasing productivity.
Cerdomus started up in the summer its new line in Castel Bolognese (Ravenna), equipped with Sacmi’s leading technologies, including the Continua+ PCR 2000.