Acquisition

471 posts · Page 42 of 48

Buzzi Unicem

Buzzi Unicem has submitted an offer to acquire the cement and concrete operations of SACCA SpA. These consist of five cement works with an approximate market share of six per ce...

Italcementi

Italcementi has sold its 5.24 per cent stake in West China Cement for HKD341m (EUR38.5m). The stake had been held through CimFra (Chine) Ltd.

LafargeHolcim

Lafarge Malaysia is spending MYR330m (EUR68.5m) to acquire Holcim (Malaysia). This deal would raise Lafarge Malaysia’s capacity from 12.95Mta to 14.14Mta.

UltraTech Cement

UltraTech’s Awarpur plant in Maharasthra has been given Environment Ministry clearance to expand its capacity. The proposal will see cement capacity rise from 4.48Mta to 6Mta an...

Buzzi Unicem

Buzzi Unicem is selling the remaining 50 per cent of cement additives group Addiment Italia to its joint venture partner Sika AG, which had been its partner since 2003.

Lafarge

As part of the joining up with Holcim, Lafarge is acquiring Baring’s 14 per cent stake in Lafarge India for EUR270m.

UltraTech Cement

Jaiprakash Associates Ltd has reportedly been given the green light by shareholders to sell two cement units in Madhya Pradesh to UltraTech Cement Ltd. The deal, which was origi...

Cementos Argos

Cementos Argos has reported a 3.3 per cent YoY increase in net profit to COP78.9m (US$29m) in 1Q15, driven by improved sales in the US. EBITDA in the period grew by 18 per cent ...

Italcementi

Italcementi’s North American arm, Essroc, has agreed to acquire Holcim’s slag cement grinding centre in Camden, New Jersey, and the cement terminal at Everett, Massachusetts. Th...

UltraTech Cement

UltraTech Cement has reported a drop in its quarterly net profit for the fourth quarter ended 31 March, 2015. Profit has slipped to INR6.15bn from INR8.38bn in the same period l...