Lehigh Hanson set to acquire Giant Cement's Keystone plant
HeidelbergCement has announced that its north American subsidiary, Lehigh Hanson Inc, has entered into an agreement to acquire Giant Cement’s (Elementia SAB de CV) Keystone faci...
Mergers And Acquisitions
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RHI Magnesita set for Indian consolidation
RHI Magnesita is now in the final stages of consolidating its three Indian arms to become the largest refractory company in the country, with approval from the National Company ...
San Miguel's acquisition of Holcim Philippines undergoes further review
The Philippine Competition Commission (PCC) is conducting a further review of the US$2.15bn acquisition of Holcim Philippines by San Miguel Corp. As the initial 30-day review of...
Zhejiang Shangfeng to acquire majority stake in cement producer
China’s Zhejiang Shangfeng Building Materials Co is set to acquire a 65 per cent stake in Ningxia Mingfeng Mengcheng Building Materials Co, a producer of general Portland cement...
UltraTech's acquisition of Century Cement to be completed soon
India’s UltraTech Cement has confirmed that it will complete the merger of Century Cement in the second quarter of the FY19-20. The only pending approval which remains for the d...
International Cement fails to receive SGX acquisition approval
International Cement Group (ICG) has failed to receive approval from the Singapore Exchange (SGX) for the complete acquisition of Schwenk Namibia , valued at US$104.4m, accordin...
CSL Group set to acquire 50% of Eureka Shipping Ltd
SMT Shipping (SMT) and The CSL Group (CSL) have entered into an agreement for CSL to acquire 50 per cent of Eureka Shipping Ltd, SMT's pneumatic cement vessel business. The new ...
HeidelbergCement makes further progress with portfolio optimisation
HeidelbergCement’s subsidiary Italcementi has signed contracts with Buzzi Unicem and Colacem regarding the disposals of cement plants in the northern and central region of Italy...
Simba Cement set to acquire Kenyan cement company
Simba Cement, a subsidiary of Devki Group, has received approval from the Competition Authority of Kenya for the 100 per cent acquisition of West Pokot-based Cemtech Ltd, accord...
Cemex to sell white cement plant to Çimsa
Cemex has announced that it has reached a binding agreement with Çimsa Çimento to divest its white cement business, including its Buñol plant in Spain, for approximately US$180m...