Cement News tagged under: Acqusition

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Overin Ltd acquires 100% ownership of PJSC HeidelbergCement Ukraine

16 August 2019, Published under Cement News

Overin Ltd (Cyprus) has brought the shares of PJSC HeidelbergCement Ukraine to obtain a 100 per cent stake in the company. Among the plant bought by Overin Ltd are the 0.61Mta Dniprodzerzhynsk grinding plant, the 1.69Mta Amvrosiyivka integrated plant and the 1.5Mta Kryvyi Rih integrated plant. Overin Ltd had already secured the majority ownership of PrJSC HeidelbergCement Ukraine in May 2019 when it had a stake of 99.8308 per cent. Overin Ltd (Concorde Capital Group) also completed the a...

Cemex USA acquires Texas quarry

13 September 2018, Published under Cement News

Cemex USA has purchased a limestone quarry in Chico, 45 miles northwest of Fort Worth in Texas, from Blue Star Materials II. Cemex will use the reserves which are expected to last another 25 years to supply aggregates for roads, bridges, commercial buildings, housing and other building projects in the state of Texas. The quarry covers 122ha. "The Dallas-Fort Worth area is expected to grow exponentially over the next 30 years," Cemex USA Regional President-Texas and New Mexico, Joel Galass...

Will consolidation increase competition in Germany?

16 March 2018, Published under Cement News

The German cement industry took another step along the road to consolidation this week with news that Dyckerhoff AG was in position to acquire Portland Zement Seibel und Sohne GmbH & Co , subject to the prior approval of the Bundeskartellamt, Germany's anti-competition authority. The acquisition would add a further 0.7Mta of cement capacity to the Dyckerhoff Group in Germany, where the Buzzi-owned company already operates five integrated and two grinding plants. The Seibel & Sohne Er...