Eczacibasi Group finalized its acquisition of Engers Keramik GmbH&Co. KG, a well-known German ceramic tile manufacturer, on Dec. 28, 2005. The total cost of the investment for the Eczacibasi Group is expected to be 20 million euros.
The acquisition is a milestone in the Group's international investments, bringing the cumulative investment of the Eczacibasi Group from $160 million in 2005 to $580 million by the end of 2008.
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