Etex SA (ENXTBR:094124453) agreed to acquire remaining 24.31% stake in Pladur from Corporación Empresarial de Materiales de Construcción, S.A. (BME:CMC) for €23.1 million on November 21, 2017. Post transaction, Etex SA holds 100% stake. Turnover of Pladur for the year 2016 amounted to €78.09 million with workforce of 285 employees. Vidal Israel of Atlas Capital Partners S.L. acted as financial advisor to Pladur. Livingstone Partners SARL acted as financial advisor of Corporación Empresarial de Materiales de Construcción, S.A.

Etex SA (ENXTBR:094124453) completed the acquisition of remaining 24.31% stake in Pladur from Corporación Empresarial de Materiales de Construcción, S.A. (BME:CMC) on December 22, 2017.