Cement News tagged under: Sichuan Lanfeng Cement

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Asia Cement completes Sichuan Lanfeng acquisition, China

01 August 2014, Published under Cement News

Asia Cement (China) Holdings has completed the acquisition of a 100 per cent holding in Sichuan Lanfeng Cement at a consideration of CNY968m (US$156.7m) on Wednesday. Sichuan Lanfeng becomes an indirect non-wholly-owned subsidiary of the company. The 100 per cent equity is held by Asian Cement unit Sichuan Yadong Cement.