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Enterprise Investors in talks to buy third ACC plant for Macon

24.05.2010, 19:33 12

Poland's Enterprise Investors investment fund, which has so farinvested over 105m euros in Macon building materials business, isin talks to buy an ACC producer and is also preparing an investmentfrom scratch. The Polish fund has set the end of 2012 as a targetfor the expansion of the ACC business and will subsequently makeits exit in 2013-2014. Enterprise Investors plans to acquire orbuild from scratch a new ACC plant in the next two years, besidesthe two plants it already owns in Deva and Oradea, reunited underMacon brand, already the leader in ACC producers' ranking. The ACCbusiness weighs 55% in total turnover. "After the operationalreorganisation of Macon Grup, in the wake of Simcor Grup'sacquisition in 2008, is completed, the medium-term strategy(2010-2013) entails gaining a stronger position on the domesticmarket, including thus the development of the main business linesof Macon Grup", says Marius Marin, CEO of Macon group. According toits strategy, the company plans to build or acquire a thirdproduction facility by late 2012, in the eastern or southeasternpart of the country, currently uncovered by Macon.

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