Carnegie acted as financial adviser to H+H International

Carnegie acted as exclusive financial adviser to H+H International in the acquisition of 51% ownership of Baustoffwerke Dresden (“BWD”).

BWD is located in the Eastern part of Germany, Dresden, from where it produces and sells calcium silicate units (“CSU”) to the German and Czech market. The acquisition is in line with H+H International’s strategy of restructuring the Central European markets for CSU and AAC.