Propamsa buys Betec for undisclosed price

Spanish fast-drying cement and dry mortar producer, Propamsa, has acquired Spanish chemical products company Betec, for an undisclosed amount. This will allow Propamsa to offer a wider range of high performance mortar and auxiliary products for concrete repairs as Betec is a specialist in these products. Propamsa generated revenues of €48.95million and a net profit of €3.4million in 2008.
April 2, 2012 Read time: 1 min

Spanish fast-drying cement and dry mortar producer, 4707 Propamsa, has acquired Spanish chemical products company Betec, for an undisclosed amount.

This will allow Propamsa to offer a wider range of high performance mortar and auxiliary products for concrete repairs as Betec is a specialist in these products. Propamsa generated revenues of €48.95million and a net profit of €3.4million in 2008.

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