Announced
Completed
Financials
Sources
Tags
Private
Acquisition
Friendly
France
aggregates
Domestic
Completed
Single Bidder
Building Materials: Other
Majority
Synopsis
Groupe Basaltes, an independent French quarryman, completed the acquisition of Ceccon Freres, a company specializing in the production of aggregates for the construction industry. Financial terms were not disclosed. “Ceccon Frères will retain a large degree of autonomy within the decentralized model of Basaltes. the integration of the subsidiary within Basaltes has been entrusted to Eric Liglet, Thierry Ceccon assuming the chairmanship of the supervisory board as well as as well as the follow-up of the land and real estate projects of the subsidiary,” Groupe Basaltes.
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