Cement News tagged under: Readymix

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HeidelbergCement divests Spanish assets to Cemex

05 October 2021, Published under Cement News

HeidelbergCement pushes forward its portfolio optimisation programme, and has signed agreements to sell its regional aggregates and ready-mixed concrete businesses in the regions of Catalonia, Madrid and Asturias as well as its ready-mixed concrete business on the Balearic Islands to different buyers. The assets acquired by Cemex from HeidelbergCement include a limestone quarry with a waste management operation serving Madrid and three concrete plants in the Balearic islands.    Di...

ACC targets ready-mix concrete sales

14 June 2013, Published under Cement News

ACC has devised an action plan, including product innovation, to strengthen its ready-mix concrete business. The 77-year-old company has lined up a series of ready-mix concrete products to push sales. Holcim-owned ACC is betting on the affluent and demanding lifestyle of GenNext to push its environment-friendly products. If used in open spaces like car park or garden pathway, Permecrete can allow rainwater to seep through for recharging groundwater table. Notwithstanding the product innova...

Readymix agrees to Cemex buy-out offer, Ireland

09 April 2012, Published under Cement News

Shareholders of Irish cement maker Readymix have voted to sell the 38 per cent share of the company not owned by Cemex to the Mexican cement major. At a meeting to vote on the deal, some 97.56 per cent of shareholders agreed to the 25 cents per share offer which had been increased from 22 cents per share. Readymix will now apply to the High Court to confirm the date for the court hearing to sanction the scheme. It is expected that the court hearing will be held on May 8. Cemex made an ...

CRH seeks dismissal of competition claims case

15 February 2012, Published under Cement News

CRH and Readymix asked the High Court yesterday to dismiss a claim against them for damages for breaches of competition law on the grounds that the plaintiffs have delayed too long before bringing their case. Three related companies, Framus, Amantiss and Wilbury, are taking a case against CRH and its subsidiaries, Readymix and Kilsaran, alleging that they broke a number of competition law provisions that forced the plaintiffs out of business. The plaintiffs claim that CRH, Readymix and Kil...

Cemex Espana increases offer for Readymix, Ireland

07 February 2012, Published under Cement News

The Spanish unit of Cemex has increased its takeover bid for Readymix of Ireland by 13.6 per cent from EUR0.22/share to EUR0.25/share, the target company said in a statement on Monday. Cemex, which already owns 60 per cent of the Irish business, made the “possible offer” to buy the remaining 40 per cent of Readymix shares that it does not own last month through a Spanish subsidiary. A statement yesterday added that the committee has told Cemex that it would recommend the offer to share...

Readymix considers Cemex Espana offer

03 February 2012, Published under Cement News

A sub-committee of the board of Readymix is considering Cemex’s EUR9.5m offer to by the outstanding 40 per cent of the company it does not own via its Spanish subsidiary. The Irish Times reports that Readymix chairman Adrian Auer and independent director Donal O’Connor are considering the approach and working on a response. Readymix yesterday said that it expected total losses for 2011 to reach €54m.