Qassim Cement Co is to acquire all of Hail Cement Co's shares
Two cement producers in Saudi Arabia are in the amalgamation process and have informed their intention with limited details to the local bourse. According to a notification of b...
Acquisition
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Gamma Civic and Cemindo Gemilang acquire Cementis Madagascar
Cementis (Madagascar) SA has been acquired by Mauritius-based Gamma Civic Ltd, in collaboration with its Indonesian strategic partner, Cemindo Gemilang. The new company will be ...
TITAN acquires pozzolana quarry
TITAN Cement International (TCI) has acquired concession rights in Vezirhan Pozzolana Quarry, in East Marmara, Turkey. The acquisition will expand the portfolio of low-carbon ce...
Adani Cement acquires Sanghi Industries in west coast expansion
Adani Cement Ltd has secured a 54.51 per cent stake in Sanghi Industries and will look to harness operational synergies from this acquisition, according to the company. The prim...
UltraTech Cement to acquire Kesoram Industries Ltd's demerged cement business
Kesoram Industries Ltd has decided to demerge its cement business and has approached UltraTech Cement Ltd in relation to the same. The Board of Directors of UltraTech, after con...
Burnpur Cement Ltd acquisition increases UltraTech Cement's capacity
UltraTech Cement has acquired a 0.54Mta cement grinding assets of Burnpur Cement Ltd, located at Patratu in Jharkhand, India, at a consideration of INR169,790m. This investment ...
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...
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...