Cimpor reportedly acquires Lafarge Yibitas Orta Anadolu for EUR 535m.
Cimpor) acquired Lafarge Yibitas Orta Anadolu Çimento, a cement manufacturer, for EUR 535mn (TRY 1bn) according to local news reports from the Hurriyet. The deal is said to be announced in a few days.
Lafarge-Yibitas is a joint venture between Lafarge Group and Yibitas Holding. The parties decided to end their partnership and put the company on sale. Lafarge-Yibitas Orta Anadolu has three cement factories in the cities of Yozgat, Corum and Sivas with an annual production capacity of nearly 2Mt of cement and 1.6Mt of clinker. Published under Cement News
