Somaco buys G&D Teius plant for EUR 4 million

Newsroom 01/06/2011 | 08:19

Somaco Grup Prefabricate, the manufacturer of prefab products, has bought the G&D Teius plant in Transylvania for EUR 4 million. The total investment in the plant will exceed EUR 6 million, and will cover, besides the acquisition price, the investments made in expanding the products portfolio.

“Somaco Grup Prefabricate, with the four plants it currently owns, has the production, technological and managerial capacity to deliver prefab solutions for civil or industrial infrastructure projects anywhere in the country,” said Gabriel Colobatiu, general manager of Somaco.

The plant bought by Somaco was a Greenfield investment finalized three years ago by Italian company G&D Prefabricatii. It spreads on a 50,000 sqm surface, and the production hall has over 11,000 sqm.