Loesche acquires Dynamis
Loesche has welcomed to its fold Brazil-based Dynamis, a company specialised in combustion and industrial processes since its foundation in 2003. “The Dynamis name is synonymous...
Acquisition
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FCCL to become the third-largest player in the country
Fauji Cement Company Ltd (FCCL) informed the Pakistan Stock Exchange (PSX) on 18 November that its Board of Directors has approved the process of amalgamation of Askari Cement L...
A new round of Russian consolidation
The RUB161m acquisition of Eurocement's assets by the Mikhailovsky Combine of Building Materials ( Smikom group) in June 2021 has sent the Russian cement market into a new conso...
HeidelbergCement sells southern Spanish assets to Votorantim
After having announced to sell regional businesses in Catalonia, Madrid, Asturias and on the Balearic Islands, HeidelbergCement now signed a contract to sell its southern Spain ...
Sika to acquire MBCC Group
Sika has agreed to acquire MBCC Group, formerly BASF Construction Chemicals, from an affiliate of Lone Star Funds for CHF5.5bn (EUR5.2bn). Germany-based MBCC Group is a leading ...
HeidelbergCement agrees to 68% stake in Tanga Cement
HeidelbergCement has signed an agreement to acquire 68 per cent of the shares in the Tanzanian cement producer Tanga Cement. The step aims to strengthen its local business and c...
Saint-Gobain completes Chryso acquisition
Saint-Gobain has confirmed that it has closed the acquisition of Chryso. The acquisition will see Saint-Gobain enter the concrete formulation market and chemical additives for t...
Holcim completes bolt-on acquisitions in the US and Poland
Holcim has closed the acquisition of the Utelite Corp in Coalville, Utah (US), a leading producer of lightweight aggregates. Utelite will join Holcim’s Mountain region, alongsid...
Holcim buys 51% stake in Costa Rican RMC producer
Holcim Costa Rica has announced its acquisition of a 51 per cent stake in ready-mix concrete producer Concretera Nacional, Costa Rica. The step will make Holcim one of the large...
Holcim Brazil asset sale expected
LafargeHolcim (Holcim group) is understood to be considering the sale of its assets in Brazil and CSN Cimentos, Cimentos Mizu and Cement Apodi (Titan Cement joint venture) are b...