Chryso acquires majority stake in APTEX
The Chryso Group has signed of an agreement to acquire a majority stake in APTEX, a Moroccan construction chemicals company. The Chryso brand has made construction chemicals for...
Acquisition
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Raysut Cement acquires 75% stake in Maldives terminal
Oman’s Raysut Cement Co has announced that its has acquired a 75 per cent stake in LafargeHolcim’s cement terminal at Thilafushi Island in the Maldives. As a result, it has form...
FLSmidth acquires KnowledgeScape for its digital portfolio
FLSmidth has acquired KnowledgeScape and its advanced solutions to expand its digital ENABLR™ portfolio. The KnowledgeScape™ portfolio has documented capabilities in increasing ...
Breedon welcomes CMA announcement on Cemex asset acquisitions
Breedon welcomes today's announcement from the Competition and Markets Authority (CMA) that it has reasonable grounds for believing that the undertakings offered by Breedon in c...
CMA raises competition concerns over Breedon and Cemex deal
Breedon’s purchase of certain Cemex assets has raised competition concerns in the supply of building materials in some parts of the UK, the Competition & Markets Authority (CMA)...
Breedon completes asset acquisition from Cemex
Breedon has completed completion the acquisition of certain assets and operations from Cemex, as announced on 8 January 2020. As previously indicated, the Competition and Market...
Xinjiang Tianshan set to acquire six CNBM subsidiaries
Xinjiang Tianshan Cement Co Ltd is in talks with China National Building Material Co Ltd (CNBM), about the acquisition of six of CNBM's cement-making subsidiaries, according to ...
Hong Leong Asia makes takeover offer for Tasek Corp
Hong Leong Asia, which currently holds an 88.16 per cent stake in Malaysia’s Tasek Corp through two subsidiaries, has reportedly launched an unconditional voluntary takeover off...
Schwenk Zement acquires 100% shares of Celitement GmbH
Schwenk Zement KG has taken over all shares of the previous fellow shareholders (including the Karlsruhe Institute of Technology) in Celitement GmbH and this has been backdated ...
Nuvoco on a solid growth path
A week ago, Emami Cement Ltd agreed the takeover by Nuvoco Vistas Corp (Nirma group) for its cement operations in India. The US$770.56m acquisition means that the Nirma group wi...