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EGGER’s acquisition of Masisa Argentina is concluded

Published: October 2, 2017; 07:59 · (Vindobona)

The acquisition of the Masisa plant in Concordia, Argentina, from the Chilean Masisa S.A. is successfully completed upon closing of the contracts. This will be the first time the wood-based material manufacturer EGGER is represented with a production site outside Europe. The Group, with headquarters in St. Johann in Tyrol, takes over the number 2 in Argentina for a purchasing price of USD 155 million debt-free.

EGGER’s acquisition of Masisa Argentina is concluded / Picture: © Vindobona

Corporate news transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

With the closing of the contracts on the 30th of September 2017, the plant in
Concordia and the sales structure become part of the EGGER Group

Mergers - Acquisitions - Takeovers

St. Johann in Tirol, October 2017 -…

This article includes a total of 545 words.

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