M&A

Celco buys full control of Prefab in $13.4M deal, doubles plant count

What's the deal? Romanian building-materials maker CelcoDealroom has a profile for this one. Try Dealroom → has taken full control of autoclaved aerated concrete (AAC) producer PrefabDealroom has a profile for this one. Try Dealroom →, paying 65 million RON (about $13.4 million) for the shares it did not already own. The move leaves Celco, owned by Ion and Niculae Duşu, with two AAC plants and a combined capacity of roughly one million cubic metres a year.

Why now? Celco had held 30.5% of Prefab before buying out the rest in late 2025. Romanian construction activity rose about 12% in the first five months of 2026, led by residential and infrastructure work, giving Celco room to scale into rising demand.

What's the endgame? The deal comes with a roughly €30 million investment programme across the group. More than €20 million goes to automation and reworking the production flow at Celco's Constanţa plant; about €10 million modernises and restarts the Prefab plant in Călăraşi.

The aim is national coverage and scale. "We are entering a new stage of development," the company said, pointing to its shift from a single site to a two-plant industrial structure.

What could go wrong? Consultancy Colliers has warned of cost, funding, and project-continuity risks in Romanian construction later in 2026. Celco's payoff hinges on sustaining demand and bringing the refurbished Călăraşi plant to efficient use.

The signal: The acquisition turns a gradual stake-building exercise into operational scale, consolidating AAC capacity in a buoyant but uncertain market. For Celco, it is a bet that Romania's building boom outlasts the warnings about it.

Read more: zf.ro

Image credit: Generated with Gemini

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