Mega Conglomerate withdraws bid to acquire Dewan Cement
Pakistan’s Mega Conglomerate Private Ltd (MCPL) has reportedly withdraw its bid to buy controlling shares in two plants of Dewan Cement based in Dhabeji, Sindh and Hattar Indust...
Acquisition
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Shree Cement budgets for United Cement acquisition
Shree Cement plans a capital expenditure of INR35,000m (US$519.1m) in the current financial year including INR20,000m on the completion of the deal to acquire UAE-based United C...
Colacem completes Maddaloni Cement acquisition
Colacem SpA acquired on 1 June 2018 the entire share capital of Maddaloni Cement Srl, owner of a 0.3Mta cement manufacturing plant based in Maddaloni (CE), from Cementir Italia ...
Breedon Group Plc acquires Blinkbonny quarry
Breedon Northern Ltd, a subsidiary of Breedon Group plc, has completed the acquisition of Blinkbonny Quarry (Borders) Ltd for an undisclosed sum.
Asamer Baustoffe seeks buyout bid for Fabrika Cementa Lukavac
Austria's Asamer Baustoffe is launching a buyout bid for Bosnia-Herzegovina-based Fabrika Cementa Lukavac, following a notice posted with the Sarajevo bourse on Tuesday, reports...
Shree Cement to acquire railway siding operator
The board of India’s Shree Cement Ltd has approved the acquisition of Raipur Handling and Infrastructure Pvt Ltd, a private railway siding operator, for INR590m (US$8.8m).
Grinding plant and quay berths acquired by CK Infrastructure Holdings
Cheung Kong Infrastructure Holdings has acquired a cement grinding station and three quay berths in Yun Fu city in Guangdong province, China, at CNY180m (US$28.5m). The agreemen...
ArcelorMittal increases Ecocem stake
Steelmaker ArcelorMittal has increased its shareholding in Ecocem France. By the end of May, ArcelorMittal will hold a 49 per cent stake in the cement company, compared to 30 pe...
Buzzi Unicem
Buzzi Unicem’s subsidiary Dyckerhoff has agreed to acquire Portland Zement Seibel und Söhne GmbH & Co KG from the family shareholders for an estimated EUR35m. The company has a ...
Cementir Holding completes acquisition of Lehigh White Cement Co stake
Cementir Holding completes today the acquisition of an additional 38.75 per cent stake in Lehigh White Cement Co.