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Romania’s TeraPlast Group acquires Wavin’s assets in Hungary to stage regional expansion

December 19, 2024

Romania's TeraPlast, the largest polymer processor in Southeast Europe, announced the acquisition of Wavin Hungary's assets for the production of PVC and PE pipes. The move represents another step in the Romanian company’s expansion in Europe.

The acquisition of Orbia Building and Infrastructure, the name of the assets, will be made by Polytech Kft, a subsidiary of TeraPlast.

The value of the transaction is EUR 7.04 million and comprises close to 12.000 sqm of buildings and more...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/teraplast-group-acquires-wavins-assets-hungary-2024
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