TeraPlast Group has bought the Serbian manufacturer of sandwich panels Interlemind.

Buying the Serbia factory: TeraPlast Group has bought the Serbian manufacturer of sandwich panels Interlemind, the transaction value being of €4.3 million. The group is going to invest €11 million in Serbia this year, which includes the factory purchase price, €2.7 million as development investment and €4 million as working capital.

We will thus manage to increase our presence on a market we are familiar with, to open new developing markets in the Balkan Region and decongest a part of our production facilities in Romania.