(AOF) – The Herige Group announces that it has finalized the acquisition of 100% of the capital of Poralu, a group specializing in the custom manufacturing of joinery and closures in Aluminium, PVC and Wood. Poralu Groupe thus joins Atlantem, the Joinery subsidiary of the Herige Group, to form a leading French industrial player in the manufacture of joinery and exterior closures for buildings.
The integration of Poralu Group will strengthen the potential for growth, innovation and competitiveness of the joinery branch of the Herige Group, thanks to the extension of the geographical network with an industrial footprint in wood, PVC, Aluminum, making it possible to consolidate and optimize the national coverage; the acquisition and specialization of a new modern and efficient site with an annual production capacity of more than 110,000 joineries; the acquisition of know-how on tertiary and collective sites with the integration of a dedicated team.
Generating significant synergies, the new entity will enable Herige to strengthen its presence in a growing market, supported by RE 2020 and the acceleration of the renovation of buildings to increase their energy efficiency.
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Lack of visibility
The National Union of Quarry and Building Materials Industries (Unicem) indicates that, after an initial downturn in the second quarter, activity continued to deteriorate in the third quarter and recorded a drop in both aggregates (-1.3 %) than on ready-mixed concrete (-0.9%). Over the first nine months of the year, the decline was 2% for the materials business as a whole. Only tiles and bricks manage to show slight increases in activity.
The general outlook is deteriorating and recruitment difficulties and rising costs are the main sources of concern. Furthermore, Unicem underlines the difficulties in implementing the projects. The production of materials could decline this year by 3% for ready-mixed concrete (BPE) and 4% for aggregates.