Wendel continues Materis sell-offs and opens negotiations for Chryso

Cement
By Ross Lancaster
21 Aug 2014

French investment firm Wendel will sell another subsidiary of Materis, the French admixture producer for concrete and cement, in a deal valued at €290m.

The buyout will make the subsidiary, Materis Chryso, the third Materis business that Wendel has sold this year.

Wendel expects the deal to be completed before the end of the year. The expected €290m value of the ...

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