Cement News tagged under: Cementizillo
Buzzi Unicem03 July 2017, Published under Cement NewsBuzzi Unicem is expanding its position in northen Italy with the acquisition of Cementizillo SpA. The acquisition entails 47.9 per cent of Cementizillo’s share capital and the remaining 52.1 per cent will be purchased from A G Zillo, the sole director, in early July. Some of the purchase price of EUR60m will be deferred, but only in respect of Mr Zillo, and an additional amount may become payable if the average cement price over the 2017 – 2020 period were to exceed a certain level. Cemen... |
M&A in Italy: a step in the right direction23 June 2017, Published under Cement NewsNews that Buzzi Unicem is acquiring fellow Italian cement producer Cementizillo SpA is seen as a small but welcome step in the right direction for the fragmented Italian cement industry. Last Friday Buzzi announced it had acquired 47.9 per cent of the share capital of Cementizillo and the remaining 52.1 per cent will be purchased from Mr AG Zillo, the sole director, in early July. The acquisition includes two integrated cement plants at Moncelice and at Fanna and will make Buzzi the clea... |
Buzzi Unicem strengthens position in Italy19 June 2017, Published under Cement NewsBuzzi Unicem is expanding its position in northen Italy with the acquisition of Cementizillo SpA. A total of 47.9 per cent of Cementizillo’s share capital has just been acquired and the remaining 52.1 per cent will be purchased from Mr AG Zillo, the sole director, in early July. Some of the purchase price of EUR60m will be deferred, but only in respect of Mr Zillo, and an additional amount may become payable if the average cement price over the 2017-2020 period were to exceed a certain le... |
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