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 ...
Acquisition
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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...
FLSmidth to acquire thyssenkrupp Industrial Solutions mining business
FLSmidth and thyssenkrupp Industrial Solutions have reached an agreement that FLSmidth will acquire thyssenkrupp’s mining business (TK Mining) for an enterprise value of EUR325m...
Mikhaylov Construction Materials Plant completes Eurocement acquisition
Sberbank has closed a deal to sell parent company Eurocement Group's shares and debt to OOO Mikhailovsky Kombinat Stroitelnykh Materialov (Mikhaylov Construction Materials Plant...
Holcim acquires southern German building materials company
Holcim has reached an agreement to acquire Heinrich Teufel GmbH & Co KG, a regional player in aggregates and ready-mix concrete in southern Germany. The company's Region Head EM...
Huaxin Cement plans US$160m investment in African expansion
Huaxin Cement plans to spend US$160m to purchase cement factories in Zambia and Malawi to expand its presence in Africa, according to a company statement. Huaxin Hainan Investme...