Gansu Qilianshan Cement increase building materials stake to 80%

Gansu Qilianshan Cement increase building materials stake to 80%
04 November 2019


Gansu Qilianshan Cement Group Co Ltd has agreed to buy an additional stake in Gansu Zhangye Julong Building Materials Co Ltd.

Following the acquisition, Gansu Qilianshan Cement will hold a stake of around 80 per cent in the company.

On 6 June 2019 Gansu Qilianshan Cement acquired an additional 22.78 per cent stake in Gansu Zhangye Julong Building Materials, up from 26 per cent initially.

Published under Cement News