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Mergers & Acquisitions

Ambuja Cements Acquires 1.5 MTPA Grinding Unit in Tuticorin for INR 413.75 Crore

Ambuja Cements Acquires 1.5 MTPA Grinding Unit in Tuticorin for INR 413.75 Crore

Ambuja Cements, part of LafargeHolcim, has announced the acquisition of a 1.5 MTPA grinding unit in Tuticorin, Tamil Nadu, India, at a cost of INR 413.75 crore. The acquisition aims to strengthen the company's footprint in the southern region of the country.

CSN's Potential Acquisition of InterCement Will Not Alter Its Leverage Goal, Executive States

CSN's Potential Acquisition of InterCement Will Not Alter Its Leverage Goal, Executive States

Despite the prospective acquisition of InterCement, CSN maintains its leverage target of 2 times for this year, as affirmed by a company executive.

Bamburi Cement Completes Ksh 12 Billion Sale of Uganda Subsidiary

Bamburi Cement Completes Ksh 12 Billion Sale of Uganda Subsidiary

Bamburi Cement, a leading cement manufacturer in Kenya, successfully finalizes the sale of its subsidiary in Uganda for Ksh 12 billion.

Elementia USA Declines $50M Offer for Dragon Cement Plant in Thomaston, Eyes Future Distribution Plans

Elementia USA Declines $50M Offer for Dragon Cement Plant in Thomaston, Eyes Future Distribution Plans

Elementia USA has turned down a $50 million offer for its Dragon Cement Plant in Thomaston, signaling strategic considerations for future distribution plans.

Etex Acquires BGC’s Plasterboard and Fibre Cement Businesses, Bolstering Sustainable Construction in Australia and New Zealand

Etex Acquires BGC’s Plasterboard and Fibre Cement Businesses, Bolstering Sustainable Construction in Australia and New Zealand

Belgium's Etex Group has finalized the acquisition of BGC’s plasterboard and fibre cement divisions, aiming to enhance its sustainable product offerings in the Australian and New Zealand markets.

Saint-Gobain in Advanced Talks to Acquire CSR, Expanding into the Australian Market

Saint-Gobain in Advanced Talks to Acquire CSR, Expanding into the Australian Market

Saint-Gobain is nearing a deal to purchase CSR for 9.00 Australian dollars per share, marking a strategic move to enter the Australian market and expand its global footprint.

Loma Negra on the Verge of Ownership Change: Chinese and Brazilian Companies in the Running

Loma Negra on the Verge of Ownership Change: Chinese and Brazilian Companies in the Running

Loma Negra, Argentina's leading cement company, is set to change hands with Argentine entrepreneurs Marcelo Mindlin and Daniel Sielecki, along with Chinese and Brazilian firms, submitting bids.