PHINMA Corp to acquire Petra Cement for PHP500m
Philippines-based PHINMA Corp announced it will acquire Petra Cement Inc for PHP500m (US$8.6m). The conglomerate signed a purchase agreement through its subsidiary Philcement Co...
Acquisition
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Buzzi to increase stake in Cement Nacional to 100%
Italy-based Buzzi SpA said it will increase its stake in Brazilian cement producer Cimento Nacional (NCPAR) to 100 per cent from the current 50 per cent as its joint venture par...
ENVEA acquires Asia Pacific Air Quality Group
Environmental management solutions company ENVEA has acquired Asia Pacific Air Quality Group (APAQ Group). ENVEA views the acquisition as core to developing its presence and rea...
InterCement signs exclusivity agreement with CSN
Following its market announcement of 23 February 2024, InterCement Participações SA announced that in the context of the competitive process, organised by Banco BTG Pactual, it ...
Heidelberg Materials acquires Malaysia's largest pulverised fly ash supplier
Heidelberg Materials has entered into a definitive purchase agreement to acquire ACE Group,the largest supplier of pulverised fly ash in Malaysia, effective 1 May 2024. The acqu...
Ambuja Cements acquires 1.5Mta Tuticorin grinding unit
Ambuja Cements , part of the Adani Group , has signed a definitive agreement to acquire a 1.5Mta grinding unit from My Home Industries Group . The deal, which involves the Tutic...
Competition Tribunal grants approval for Afrimat's acquisition of Lafarge South Africa
Afrimat has notified its shareholders that the Competition Tribunal has granted approval for the Lafarge South Africa ( Holcim ) acquisition. All other regulatory authority appr...
Saint-Gobain acquires Canada-based Bailey Group
Saint-Gobain has entered into a definitive agreement for the acquisition of The Bailey Group Companies, consisting of Bailey-Hunt Ltd and its subsidiaries, a privately owned man...
Holcim acquires concrete construction systems specialist Tensolite
Holcim has signed an agreement to acquire Tensolite, a leading manufacturer of innovative precast and pre-stressed concrete construction systems with US$22m of net sales in 2023...
Indian fair trade regulator approves UltraTech’s acquisition of Kesoram cement business
The Completion Commission of India (CCI) has approved UltraTech Cement ’s proposed acquisition of Kesoram Cement Business , the cement arm of Indian conglomerate Kesoram Industr...