H+H Céska, the Czech subsidiary of Danish group H+H International, has been acquired by H+H's main competitor, German company Xella. Turnover of H+H Céska totalled €8.41 million in 2011. Equity capital was €12.13 million by the end of June 2012. Xella produces and sells walll-building materials (Ytong and Hebel limestone), mineral insulation boards (Ytong Multipor), gypsum fibre and cement-bonded drywall panels (Fermacell), and lime (limestone rock).
September 27, 2012
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RSS6033 H+H Céska, the Czech subsidiary of Danish group H+H International, has been acquired by H+H's main competitor, German company 6631 Xella.
Turnover of H+H Céska totalled €8.41 million in 2011. Equity capital was €12.13 million by the end of June 2012.
Xella produces and sells walll-building materials (Ytong and Hebel limestone), mineral insulation boards (Ytong Multipor), gypsum fibre and cement-bonded drywall panels (Fermacell), and lime (limestone rock).
Employing around 6,900 staff, the Xella Group achieved €1.3 billion in revenues in 2011. Xella is owned by the private equity companies 3062 PAI Partners and 3059 Goldman Sachs Capital Partners.