07 September 2009
Skamol acquires Diatomite brick factory in Russia
On September 1, 2009, Skamol A/S and Russian Diatomovy Kombinat have signed an agreement whereby Skamol will acquire the majority of the Diatomite high temperature brick business while the owner of Diatomovy Kombinat, Mr. Evgeny Nikiforov, will remain a significant minority shareholder and board member. Closing, which is still subject to approval by the Russian competition authorities, is expected by December 2009.
See press release Press Release
Acquisition in Russia