Aditya Birla Group bids for Lafarge, Holcim units
India's Aditya Birla Group submitted bids on Monday to buy Holcim and Lafarge assets. UltraTech Cement and other Aditya Birla Group companies have put in bids for Lafarge and Ho...
Acquisition
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Buzzi Unicem
Buzzi Unicem is to acquire, through its subsidiary Dyckerhoff, the 100 per cent interest in Uralsement from Lafarge for EUR104m in cash.
Fiji: Holcim JV sells stake in Pacific Cement Ltd
South Pacific Cement, a joint venture between Holcim New Zealand and Fletcher Building Ltd, has sold its 47 per cent stake in Pacific Cement Ltd (PCL) to the Vinod Patel Group.
Argos considers acquiring Holcim and Lafarge Latin America divestments
Colombia's Cementos Argos is currently looking into acquiring the assets Lafarge and Holcim are planning to sell in Latin America, particularly Mexico and Brazil. However, it ha...
STC eyes Holcim Mauritius acquisition
In the latest step towards to completing the LafargeHolcim merger, Holcim Mauritius could become a public-private partnership (PPP) while the State Trading Corporation (STC) cou...
Pakistan: Kohat Cement Co interested in 76% Lafarge Pakistan stake
Pakistan's Kohat Cement Company announced that it will participate in the bidding process for the acquisition of 1.1bn ordinary shares of PKR10 each of Lafarge Pakistan, represe...
Semen Indonesia allocates Myanmar spend
PT Semen Indonesia has allocated US$200m for the acquisition of a cement plant in Myanmar, Agung Wiharto, corporate secretary of the Indonesian cement group has revealed. The de...
Cementos Molins cuts back in Spain while expanding in foreign markets
As the Spanish construction crisis shows no sign of abatement, Cementos Molins expects to continue the adjustment in its Spanish workforce. The company’s vice-president and CEO ...
Portland Valderrivas explores sale of Cemento Lemona to CRH
Spain’s Cementos Portland Valderrivas is currently considering the sale of its Basque subsidiary Cementos Lemona to the Irish multinational CRH.
Tightening belts at CRH Premium
The Irish building materials company CRH Plc plans to make €300m in savings between 2013-15 by focussing on reducing energy costs, rationalising capacity and continuing its acqu...