Etex completed the acquisition of a majority stake in e-Loft.

Etex, an international building materials specialist, completed the acquisition of a majority stake in e-Loft, a French offsite construction company. Financial terms were not disclosed. “We are very pleased to welcome e-Loft into our New Ways division, and enthusiastic about the growth opportunities that this strategic acquisition offers to both of our companies. The addition of e-Loft to our global team of experienced lightweight and modular construction businesses further reinforces our ambition to become a leader in future-focussed, sustainable building solutions," Paul Van Oyen, Etex CEO.