News

Holcim has signed an agreement with Huaxin Building Materials for the divestment of its business in the Philippines.

Region: Philippines

Mexican building materials producer Cemex has announced that it is in the process of divesting certain operations in Colombia. The divestment is expected to take place through several separate transactions with different parties by the end of the year. 

Region: Columbia

Holcim has completed the divestment of its Nigeria business, selling its entire 83.81% shareholding in Lafarge Africa PLC to Huaxin Cement at an equity value of USD 1 billion on a 100% basis before dividend adjustments.

Region: Nigeria

Votorantim Cimentos closed today the full sale of its partnership in Morocco with all assets located in the country to Heidelberg Materials. 

Titan S.A. announces that following the receipt of all customary regulatory approvals, the transaction regarding the divestment of its 75% share in Adocim Cimento Beton Sanayi ve Ticaret A.S. has now been finalised.

Region: Turkey
Votorantim Cimentos closed the full sale of its assets located in Tunisia to Sinoma Cement Co., Ltd, a cement-based building materials enterprise headquartered in China
The Senate has directed the Bureau of Public Procurement (BPP) to stop the planned sale of Lafarge Cement Plc to a Chinese company, citing national security and economic sovereignty concerns
Region: Nigeria
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