Cement News tagged under: Cementos Balboa
Votorantim Cimentos completes Cementos Balboa acquisition18 October 2021, Published under Cement NewsBrazil-based Votorantim Cimentos, through its Spanish subsidiary Corporación Noroeste, has announced the acquisition of Cementos Balboa. Cementos Balboa has a modern integrated cement plant located in Alconera, in the province of Badajoz, with an installed production capacity of 1.6Mta. With this facility, Votorantim Cimentos complements its current operations in Spain and expects to increase its operational efficiencies, accelerate its decarbonisation roadmap and enhance its distribution... |
Votorantim Cimentos set to acquire Cementos Balboa30 June 2021, Published under Cement NewsVotorantim Cimentos, through its Spanish subsidiary Corporación Noroeste, has entered into an agreement for the full acquisition of Cementos Balboa. Cementos Balboa has an integrated plant in Alconera, southwest Spain, with an installed production capacity of 1.6Mta. "This transaction, which I am pleased to announce today, exemplifies our growth and positioning strategy in Spain, strengthening our current footprint in the country", said Marcelo Castelli, Global CEO of Votorantim Cimentos.... |
Alfonso Gallardo Group sells cement business02 May 2014, Published under Cement NewsAlfonso Gallardo Group is to sell its cement and paper business to focus on the iron and steel sector to ensure its viability, according to a statement by the group. The company signed a refinancing agreement with the majority creditor banks and venture capital firm Kohlberg Kravis Roberts (KKR). The group will divest from Cementos Balboa, located in Alconera (Badajoz), as well as Papresa in Rentería (Guipúzcoa), and reduce its debt by around EUR500m. |
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