Announced
Completed
Financials
Tags
Majority
Single Bidder
Construction Services
concrete infrastructures
Friendly
Acquisition
Completed
Spain
Private
Private Equity
Domestic
Synopsis
Cementos Molins-backed Precon, a provider of cement production services, completed the acquisition of Pretersa, a company in full expansion, dedicated to the design, manufacture and assembly of precast concrete infrastructures, from Kartesia, a private equity firm. Financial terms were not disclosed. "With this acquisition, Cementos Molins strengthens its business in Spain and unlocks significant synergies with the existing operations. I warmly welcome the Pretersa Prenavisa team, their deep knowledge and experience in the sector, its high-quality precast product range, and its excellent service- and customer-oriented organisation will allow us to develop new market opportunities and achieve a further step forward in our strategy of profitable and sustainable growth," Julio Rodriguez, Cementos Molins CEO.
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