9 December 2011
Boral completes acquisition of Lafarge's interest in the Asian Plasterboard Joint Venture
Boral Limited (ASX:BLD) announced today it has completed the
acquisition of Lafarge's interest in
Lafarge Boral Gypsum Asia ("LBGA").
Boral Gypsum Asia has performed to expectations since the
acquisition was announced in August 2011. The business has
been renamed Boral Gypsum Asia, and transition plans are in
place for product branding in each country.
The Chief Executive, Mark Selway stated: "We are delighted to
be able to fully integrate Boral Gypsum Asia into our group.
The continued growth of Boral Gypsum Asia is a strategic
priority and we look forward to working with the management
team and employees to develop and execute our plans for
the
future".
Mark Selway Chief Executive Tel: 02 9220 6490
Penny Berger
Group Communications & Investor
Relations Manager
Tel: 02 9220 6591
Luis Garcia
Cannings
Tel: 0419 239 552
Boral Limited ABN 13 008 421 761 - GPO Box 910 Sydney NSW 2001 - www.boral.com.au
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