The Pavăl brothers, the owners of Dedeman, the leader of the DIY market in Romania, are expanding their activities in the production area of ceramic blocks by acquiring a competitor, the company with Italian capital Euro Carămida SA from Bihor, according to an announcement by the Competition Council which is analyzing the transaction. The purchase is made through the company Cemacon SA, a ceramic block manufacturer, part of the Pavăl Holding Group.
Euro Carămida SA registered business of RON 72.9 million in 2021 and a profit of RON 18.1 million. Also, Cemacon SA reported in 2021 business of EUR 179.3 million.
