ARDEX, a specialist for high-performance building products based in Witten, Germany, has acquired a majority stake in wedi GmbH, a leading manufacturer of system solutions for the individual, effortless design of bathrooms and wet rooms based in Emsdetten, Germany. The wedi Managing Directors, Stephan Wedi and Fabian Rechlin, view the cooperation as an enrichment for both companies. ARDEX’s global network and the companies’ complementary strengths in the product area were important factors in wedi's decision. Metzler Corporate Finance advised the majority shareholder of wedi GmbH throughout the transaction in its role as M&A advisor.
To find out more, read the press release published by wedi GmbH (in german language):