Golden Lime acquisition
Golden Lime Plc, a subsidiary of the Carmeuse and GP Group, yesterday officially announced the acquisition of a 99.9 per cent stake in Thailand's fourth largest lime company Saraburi Quicklime.
The acquisition will further contribute to Golden Lime's leading position in the Thai market, and complements the recent organic growth of the company. With the commissioning of a new production site early this year and the acquisition of Saraburi Quicklime, Golden Lime's production capacity has increased from 330 thousand tonnes to 500 thousand tonnes a year of quick lime installed capacity - a 50 per cent increase compared with a year ago, said managing director Geza Perlaki.
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