LafargeHolcim acquires Colorado River Concrete
LafargeHolcim has completed its second US acquisition of 2019, adding Texas-based Colorado River Concrete to its list of ready-mix producers. The company serves customers in the...
Mergers And Acquisitions
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International Cement set to acquire Schwenk Namibia
Singapore’s International Cement Group has entered into a conditional agreement to acquire a 100 per cent stake in Schwenk Namibia Pty Ltd for SGD141.89m (US$104.4m). This amoun...
Eagle Cement denies reports of Holcim Philippines acquisition
Eagle Cement Corp has released a clarification statement denying reports that it had submitted a bid for Holcim Philippines this week. The statement reads: "By way of clarificat...
LafargeHolcim makes two ready-mix acquisitions
LafargeHolcim has announced the acquisition of US-based Transit Mix Concrete Co on 1 February 2019. As part of the transaction, the company will take ownership of seven ready-mi...
LafargeHolcim completes Indonesia asset sale
LafargeHolcim has completed the divestment of its 80.6 per cent share in Holcim Indonesia to Semen Indonesia, which had an enterprise value of US$1.75bn. The proceeds from the a...
PT Semen Indonesia
Semen Indonesia has instructed BNP Paribas, Deutsche Bank’s Singapore branch, Maybank, MUFG Bank and Standard Chartered as the lead arrangers for a US$1.28bn, two-year bridge lo...
Dangote Cement
Dangote has placed several orders with the Aumund Group for its projects in Nigeria and Senegal. For the Obajana Line 5 and Okpella plants in Nigeria, both 6000tpd, Aumund is su...
EAPCC denies reports of potential acquisition
Kenya’s East African Portland Cement Co (EAPCC) has denied recent reports that it was in early-stage talks with LafargeHolcim about a potential acquisition. "It has never featur...
Vicat closes acquisition of Ciplan
Vicat Group has announced the closure of its Ciplan acquisition and now holds a 64.7 per cent stake in the company. The deal was structured through a reserved capital increase o...
Will 2019 be noted as a year for acquisitions?
In the last week, HeidelbergCement has completed its divestment of its 50 per cent share in Ciment Quebec and its minority participation in Syria (Al Badia Cement via the Italce...