London, England - BPB recently announced its third successful acquisition in Mexican building plasters, with the integration of El Tigre in Mexico City establishing BPB as a market leader in south and central Mexico. The group's positioning as a leading supplier of high quality plasters to the growing construction industry will be further strengthened following the commissioning of additional capacity at BPB's San Luis Potosi plant in early 2006.
New developments and capital investments to meet expected medium-term sales growth for building plasters in BPB's European and Emerging Markets include:
Commenting on the group's expansion in Mexico and its growing global plasters business, BPB said:
"Mexico represents an important and potentially substantial market for BPB and excellent progress is being achieved in developing a leading national presence.
Our global plaster sales volumes grew by more than 6% in the first-half of 2005/06, driven by strong demand in Spain, the British Isles, Italy, Turkey and Emerging Markets and this business offers BPB significant opportunities for delivering future profitable growth."
