Cimpor completes acquisition of Turkish cement company YLOAC

Cimpor completes acquisition of Turkish cement company YLOAC
Published: 28 February 2007

Cimpor said that it has completed the acquisition of 99.68 pre cent of the share capital of Turkish cement company Yibitas Lafarge Orta Anadolu Cimento Sanayi ve Ticaret AS (YLOAC) for about EUR548m.
 
In a filing with bourse watchdog CMVM, Cimpor said the acquisition was completed after receiving approval from the Turkish Competition Board.