Russia: The Federal Antimonopoly Service (FAS) has approved an application by Knauf Gypsum Kuban to acquire a 100% stake in ZZSG. FAS ruled that the takeover would not have any effects for competition in the market sector.
ZZSG is a producer and seller of gypsum products in the Mari El federal region of Russia. Knauf Gypsum Kuban is a Russia subsidiary of Knauf.