Belgian building materials leader Etex has taken a majority ownership position in Global Gypse, a company operating in North Africa. This strategic move aims to bolster Etex’s presence and growth within the North African construction materials market. Etex specializes in lightweight construction solutions and is a global industry leader. Details regarding the financial terms of the acquisition were not disclosed in the initial announcement. The deal signifies increased investment in the region’s building sector. Further information about the acquisition’s impact on Global Gypse’s operations is expected to be released subsequently. This acquisition is poised to reshape the competitive landscape of building materials in North Africa.