CEMEX closes the sale of its Costa Rican operations
Through certain subsidiaries, CEMEX has successfully closed the previously informed sale of its operations in Costa Rica and El Salvador to Cementos Progreso Holdings SL , for a...
Divestment
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Lafarge Zimbabwe sells majority stake in its operations
Lafarge Zimbabwe is selling 76.45 per cent of its business to Fossil Mines Pvt Ltd. The Holcim group member announced on Monday that it was selling the majority stake in its bus...
Multiple potential buyers for Holcim Russia
More than 30 potential buyers have expressed an interest in Holcim’s Russia business, according to Jan Jenisch, CEO, Holcim. Holcim announced in March that it plans to exit the ...
Holcim reported to be looking for potential buyers of ACC Ltd
Bloomberg has reported on Holcim proposing to dispose of Ambuja Cements Ltd. Holcim owns ACC Ltd and Ambuja Cements in India. With approximately 64Mta of cement capacity it is s...
CADE gives initial approval of CSN acquisition of LafargeHolcim's Brazil operations
Technical staff at Brazil's antitrust watchdog CADE have approved the acquisition of LafargeHolcim 's local business by steelmaker Companhia Siderúrgica Nacional (CSN) with no r...
Martin Marietta Materials Inc enters into agreement to sell Redding plant
Martin Marietta Materials Inc announced that it has entered into a definitive agreement to sell certain West Coast cement and ready-mixed concrete operations to CalPortland Comp...
LafargeHolcim Le Havre site up for sale
Installed in 1969 along the canal in the industrial port area of Le Havre, the former LafargeHolcim cement plant is being dismantled. The plant had been converted in 2016 to a c...
Holcim divests Northern Ireland cement business
Holcim has sold its Northern Ireland cement business to Cookstown Cement Ltd for more than GBP55m, reports the BBC. Cookstown Cement Ltd is a new local business that has acquire...
Cemex and Cementos Progreso see growth scenarios
At the end of last year, Cemex agreed to the sale of its Costa Rica and El Salvador operations to Guatemala's Cementos Progreso for US$335m. ICR discusses the ongoing Cemex stra...
Cemex to sell Costa Rica and El Salvador operations to Cementos Progreso
Mexico-based Cemex has signed an agreement for the sale of its operations in Costa Rica and El Salvador with Guatemala’s Cementos Progeso Holdings, for the amount of US$335m, to...