PPC sells Cimwera to National Cement Holding Ltd for US$42.5m
PPC Ltd has completed the sale of its 51 per cent stake in Rwandan cement producer Cimerwa to National Cement Holding Ltd for a cash consideration of US$42.5m. The deal is a sig...
Acquisition
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Holcim arrange shareholding agreement for Elite Cementos
The shareholders of the company Élite Cements SL , Grupo Simetry and Holcim España, have reached an agreement by which Holcim acquires the entire share capital of Élite Cements,...
Grupo UNACEM completes Tehachapi acquisition
Grupo UNACEM has successfully completed the acquisition of the 0.9Mta Tehachapi integrated cement plant, located in California, USA. This significant milestone enables the Peruv...
Adani Cement completes refinancing package
Adani Cement , through Endeavour Trade and Investment Ltd, announced the successful completion of its refinancing programme for acquisition debt taken for Ambuja Cements and ACC...
CEMEX acquires Kiesel
CEMEX has agreed to acquire Kiesel, a mortars and adhesives technological leader in the construction industry based in Germany, as part of its ongoing strategy to strengthen CEM...
JK Lakshmi Cement to buy Amplus Helios solar stake
India-based JK Lakshmi Cement Ltd , part of JK Organisation, has announced it will acquire a 20.80 per cent stake in Amplus Helios Pvt Ltd, a special purpose vehicle to set up a...
UNACEM to acquire Tehachapi plant
Peru-based Grupo UNACEM is buying the 0.9Mta Tehachapi cement plant in California, USA, from Martin Marietta Materials Inc for US$317m. "The acquisition of Tehachapi represents ...
InterCement assets in Brazil and Argentina are on other players' radar
According to Valor, InterCement assets are being valued by local and global players. The operations of Loma Negra, Argentina, are being looked at by CEMEX , Pacasmayo and Argos ...
Sika acquires Thiessen Team USA
Sika has acquired Thiessen Team USA, a US manufacturer of shotcrete and grouting products for the mining industry. The acquisition will open up significant cross-selling potenti...
N+P Group completes Niramax Group Ltd acquisition
N+P Group (N+P) has announced the completion of an asset purchase agreement for the assets of Niramax Group Ltd Hartlepool, a waste-processing facility. The deal excludes the ty...