Teraplast, the largest PVC processor in Romania and one of the leading manufacturers of materials for construction and installation market, acquired the pack of shares asociated with a shareholding of 19.29% of Plastsistem. Teraplast holds at the moment 98% of Plastsistem, as compared to previous 78.71%.

Dorel Goia, Chairman of the Board of Directors of Teraplast: „The decision of acquisition came in the context of the strategy of Group’s consolidation. The business of Plastsistem is the second large in the Group, after Installations & Decoration business line, and we are convinced that it will bring further added value for the Group, both on commercial and financial indicators levels”.

Details here…