Etex sells Eternit Flachdach to Soprema - 08/04/2015

On 31 March 2015, Etex successfully completed the divestment of its German subsidiary Eternit Flachdach GmbH to Soprema Group, a French expert in building envelopes. The sales of Eternit Flachdach, which specialises in flat roof components, was announced on 16 February 2015. It was closed on 31 March, once all customary closing conditions were met.

Flachdach becomes part of Adexsi, the parent company of Soprema’s skylights and smoke extraction business unit. As a result of the divestment, Etex is able to provide cash to further invest in its core businesses.

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