H+H acquires controlling interest in aircrete factory in Dresden, Germany
H+H International A/S’ subsidiary H+H Deutschland GmbH has signed an agreement with existing shareholders in Porenbetonwerk Laussnitz GmbH & Co. KG (PBWL) situated 25 km North of Dresden, Germany, to acquire 51% of the shares in the company. The existing shareholders, who have successfully developed the company, will remain co-shareholders. “We are pleased to announce an important step forward in our restructuring of the German white stone market. It is a logic step for both existing shareholders and H+H” says CEO Michael T. Andersen. “A continued expansion of our German footprint and