Brazil: Semapa acquires full control of Supremo Cimentos

Semapa has concluded the acquisition of full control of Supremo Cimentos, a Brazilian company in which it already held a 50 per cent stake.

The purchase of the 50 per cent of Supremo Cimentos that Semapa did not yet own was announced in April, but was dependent on the fulfilment of several conditions, which have now been verified.

Therefore, Secil through its affiliated company Ciminpart – Investimentos e Participações, SGPS – and NSOSPE Empreendimentos e Participaçõe (a Brazilian company owned jointly by Semapa and Secil) are now holders of shares representing the entire share capital of Supremo Cimentos.