Conch acquires stake in Xingjian Qingsong, China
Anhui Conch Cement Co has completed the acquisition of a 19.99 per cent stake in Xinjiang Qingsong Building Materials and Chemicals (Group). The company said in a statement file...
Acquisition
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Tangshan Jidong Cement acquires majority stake in Wubao Jidong, China
Tangshan Jidong Cement announced it has acquired a 51 per cent stake in Wubao Jidong Special Cement for CNY173m, reports Securities Times, citing a company filing yesterday. At ...
Camargo completes Cimpor takeover, Portugal
Brazilian conglomerate Camargo Correa has completed its takeover of Cimpor, now controlling 94.8 per cent of the Portuguese producer, Cimpor said in a statement on the CMVM mark...
Huaxin sales increase 30 per cent since Holcim investment, China
Holcim has said that its Holcim said that its joint venture Hubei Huaxin Cement has seen annual sales growth of 30 per cent since it invested in the company.??Holcim entered the...
Haver & Boecker acquires Newtec Bag Palletizing
Haver & Boecker Holding GmbH has taken full control of Newtec Bag Palletizing by acquiring 100 per cent of its shares from the Newtec International Group SA. Newtec Bag Palletiz...
Vision Holding raises stake in Pioneer Cement, Pakistan
British Virgin Islands based - Vision Holdings Middle East Limited announced on that it will acquire 60,145,081 (26.47%) ordinary shares of Pakistan-based cement producer Pionee...
West China acquisition of Fuping Cement positive – Moody’s
Moody's commented that West China Cement's (WCC) acquisition of Fuping Cement is credit positive for WCC (Ba3, negative).
Fives Pillard strengthens its position in Indian combustion market
The Fives group has acquired CBL Combustion Systems, an Indian company specialising in the design and supply of combustion equipment used mainly in the energy (burners for indus...
Readymix agrees to Cemex buy-out offer, Ireland
Shareholders of Irish cement maker Readymix have voted to sell the 38 per cent share of the company not owned by Cemex to the Mexican cement major. At a meeting to vote on the d...
Athi River Mining: East Africa expansion
Kenya-based cement producer Athi River Mining (ARM) earlier this week reported a significant rise in 2011 cement sales on the back of new domestic cement capacity. The company i...