Home » News » Etex Expands Presence in Australia with Acquisition of BGC’s Plasterboard and Fiber Cement Activities

Etex Expands Presence in Australia with Acquisition of BGC’s Plasterboard and Fiber Cement Activities

by Alexandra Hartman Editor-in-Chief

2023-10-12 06:09:15

Belgian construction materials producer Etex acquires the plasterboard and fiber cement activities of Australian company BGC. Etex announced it on Thursday.

With this acquisition, Etex strengthens its presence in Australia. The transaction includes BGC’s plasterboard plant in Perth, Western Australia.

The acquired company represents a turnover of 93 million euros and 200 new employees.

Also read Bernard Delvaux: “I bring my managerial rigor to Etex”

The Belgian building materials company Etex is present all over the world. In 2022, the company achieved a turnover of 3.7 billion euros.

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#Belgian #real #estate #giant #acquisition #Australia

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