Cementir SpA said its Danish unit Unicon Sa is acquiring New Jersey, US-based Vianini Pipe Inc for Euro 12m from Vianini Industria SpA. In 2004, cement manufacturer Vianini Pipe had a net profit of US$2.2m, and sales of US$17.7m, Cementir said. ’The acquisition will allow the Cementir group to strengthen its position in the US, where it already has other units,’ it said. Published under Cement News
Cementir SpA said its Danish unit Unicon Sa is acquiring New Jersey, US-based Vianini Pipe Inc for Euro 12m from Vianini Industria SpA. In 2004, cement manufacturer Vianini Pipe had a net profit of US$2.2m, and sales of US$17.7m, Cementir said. ’The acquisition will allow the Cementir group to strengthen its position in the US, where it already has other units,’ it said. Published under Cement News
Sign up for our Daily News Service
Our editors' pick the top news delivered to your inbox each day.
Sign up for the daily email