Cement News tagged under: Cimsa Sabanci Cement BV
Sabanci to restructure white cement business01 October 2020, Published under Cement NewsTurkey's Sabanci Holding has announced that it will be restructuring its white cement business unit by merging its financial power and the operational capability of its Çimsa subsidiary, according to a statement. As such, it is planning to incorporate a company in the Netherlands, Cimsa Sabanci Cement BV (CSC BV), in which Sabancı will hold 60 per cent of the total equity shares while the remaining 40 per cent will be held by Çimsa. It will then sell the shares of Çimsa's international wh... |
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