Boral completes acquisition of Lafarge’s interest in the Asian Plasterboard Joint Venture
Boral Limited (ASX:BLD) announced today it has completed the acquisition of Lafarge’s interest in Lafarge Boral Gypsum Asia (“LBGA”).
Boral Gypsum Asia has performed to expectations since the acquisition was announced in August 2011. The business has been renamed Boral Gypsum Asia, and transition plans are in place for product branding in each country.
The Chief Executive, Mark Selway stated: “We are delighted to be able to fully integrate Boral Gypsum Asia into our group. The continued growth of Boral Gypsum Asia is a strategic priority and we look forward to working with the management team and employees to develop and execute our plans for the future”.
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