The Terreal – Creaton deal has been given the green light

By: Trademagazin editor Date: 2021. 02. 08. 11:15

Creaton South-East Europe Kft., located in Lenti, fell into French hands after the Terreal Group received permission from the European Competition Authority to acquire the parent company, Creaton GmbH.

a lenti gyár

Photo: magyarepitestechnika.hu

The merger will not affect either the current session or the brand name. The mapping of synergies begin now. A technical investment of 1.3 billion HUF is planned in the Hungarian plant this year, which will enable it to serve the domestic and foreign markets with a higher production capacity next year with a higher level of production safety.