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CIJ.World > Retail > ADM to turn Ceramica Iasi into regional leader

ADM to turn Ceramica Iasi into regional leader

18 July 2014

Asia Debt Management is hoping to make Ceramica Iasi a leading player on the regional market. Forian Huth, a partner at ADM Capital, said the company’s management team is focusing on expanding the business after acquiring the ceramic brick manufacturer. The deal, worth an estimated €10m, was finalized this week. Asia Debt Management has more than $1.4bn of assets under management.

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