Turkish cement producer Goltas Cimento has bought a ready-mixed concrete plant from Turkish cement manufacturer and retailer Adana Cimento and ready-mixed concrete company Oyak Beton for a total 1.05 trln Turkish lira (US$704,000), it was reported on June 30, 2004.
The plant is located in Manavgat, southern Turkey. Goltas Cimento said that the price would be paid in instalments between July 1 and December 1, 2004. Goltas Cimento is based in Isparta, western Turkey. Adana Cimento and Oyak Beton are both part of the cement division of Turkish army pension fund Oyak.
Published under Cement News