The German group PREUSSAG (annual turnover of almost 22 bn euro) is to sell its construction materials business FELSGRUPPE (annual turnover of some 750 million euro with a little under 5,000 employees) to an stockholding company of the German firm FRANZ HANIELS for an undisclosed amount. HANIEL is present in the building materials sector through its subsidiary BAU-INDUSTRIE (417 million euro turnover in 2000 with 2,500 employees). With the aim of refocusing on tourism PREUSSAG intends other...