Cement News tagged under: Polimix Concreto
Cimpor05 January 2016, Published under Cement NewsCimpor recently made disposals to strengthen its capital base. It has raised EUR32m from the sale of 16 per cent of the equity in Yguazu Cementos in Paraguay, reducing its interest to 51 per cent. In addition, it has raised US$25.35m through selling the Guarulhos and Barueri quarries in the Brazilian state of São Paulo to Polimix Concreto Ltda. |
Cimpor sells quarries in Brazil30 December 2015, Published under Cement NewsPolimix Concreto, Ltda., a Brazil-based producer of cement and concrete products, has acquired the Guarulhos and Barueri quarries in Sao Paulo, Brazil from Cimpor - Cimentos de Portugal SGPS SA for BRL100m (US$25.35m). The transaction will allow Cimpor to strengthen its capital structure, increase profitability, and to focus on its strategic development. |
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