Xella Group has sold Changxing Ytong Co., Ltd to UBlock International HK Company
Xella Group has sold Changxing Ytong Co., Ltd (Ytong) to UBlock International (Hong Kong) Company.
Ytong is one of the strongest brands producing autoclaved aerated concrete (AAC) for the building materials market. It offers the best thermal insulation and solid quality to its clients. The company was founded in 1940 and has 140 employees.
UBlock International manufactures and sells AAC block and brick in China and other Pan-Asia countries.
Based in Germany, Xella Group manufactures and markets building materials, gypsum fibreboard and cement-bonded dry lining panels together with lime and limestone. With 7,100 employees, the group has 99 plants and marketing organizations in more than 30 countries.
Oaklins' team in Shanghai advised the seller in this transaction. The team negotiated terms with the buyers and coordinated the whole process. Oaklins' team in Germany supported the transaction at its early stage.
Talk to the deal team
Managing PartnerShanghai, China
Oaklins HFG China
MT Højgaard Holding’s subsidiary Enemærke & Petersen has acquired Raunstrup
MT Højgaard Holding A/S’ business unit Enemærke & Petersen (E&P) has entered into an agreement to acquire the nationwide construction and carpentry company Raunstrup A/S. This strategic acquisition will bolster E&P’s geographical position in Denmark and strengthen its activities within the building maintenance services sector. The Raunstrup brand will remain, and activities and daily management will continue unchanged under E&P’s ownership.Learn more
Blue Equity is partnering with Bang & Beenfeldt
The private shareholders of Bang & Beenfeldt A/S have sold the company to Blue Equity, with a subsequent reinvestment in the new company.Learn more
Oré Peinture has been acquired by Geveko Markings, the European leader in the road marking sector
Oré Peinture has been acquired by Geveko Markings AB. This is the biggest acquisition in Geveko Markings’ almost 100-year history and customers of the combined entity will benefit from an enhanced solutions offering and a broader product range.Learn more