Leube acquires Slovenia’s Marolt Beton
Austria-based Leube Group has acquired Marolt Beton, Slovenia’s leading ready-mix concrete company, according to ORF. Marolt Beton has an annual turnover of approximately EUR16m...
Acquisition
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Attock Cement Pakistan receives sales proceeds from the Iraqi plant
Attock Cement Pakistan Ltd informed the Pakistan Stock Exchange (PSX) on 9 September that it had received the sales proceeds of its stake in a cement facility in Iraq. Attock Ce...
Ukraine's antimonopoly committee clears CRH acquisition of Dyckerhoff Cement Ukraine
The Antimonopoly Committee of Ukraine (AMCU) has approved the deal by CRH Ukraine BV to acquire shares of PRJSC Dyckerhoff Cement Ukraine , according to an AMCU website report. ...
Dalmia agrees to acquire 26% stake in Truere Surya
India-based Dalmia Bharat Group said that its subsidiary Dalmia Cement (Bharat) has entered into a share subscription and share holders agreement (SSSHA) to acquire a 26 per cen...
Negotiations for Loma Negra sale continue despite expiration exclusivity
The potential sale of Loma Negra to CSN has entered a new phase after the exclusivity term to negotiate a deal expired on 12 August after an automatic renewal but has not been r...
Cimsa to acquire Mannok for EUR330m
Cimsa , part of Sabanci Holdings , has reached agreement to acquire 94.7 per cent of Ireland-based cement producer Mannok for an overall enterprise value of EUR330m. The local M...
Thailand-based Ratanarak Group buys out Jardine Cycle and Carriage’s Siam City Cement stake for US$354m
The Ratanarak Group has increased its stake in Siam City Cement to 71.88 per cent by buying out Singapore-based Jardine Cycle and Carriage’s 25.54 per cent stake. The value of t...
Cementir acquires additional 25.4% stake in Sinai White Portland Cement
Cementir Holding NV announced that its fully-owned subsidiary Aalborg Portland Holding A/S has acquired an additional 25.4 per cent stake in Sinai White Portland Cement Co SAE (...
Holcim strengthens Peru presence
Holcim has acquired Peru-based Comacsa and Mixercon for a total value of US$100m. Comacsa is the country’s leading producer of industrial minerals and white cement. Founded in 2...
Antimonopoly committee conducts market test on CRH deal
On 1 August, the Antimonopoly Committee of Ukraine (AMCU) conducted a market test for the acquisition of two Buzzi cement plants by CRH . This test was the penultimate step on t...