News

Cemex agrees to acquire Kiesel, a mortars and adhesives producer with more than 60 years of experience in the construction materials industry.
Region: Germany
Cemex is strengthening its aggregates supply in Europe with the purchase of two quarries near Madrid as part of its strategic bolt-on acquisition strategy.
Region: Spain
Unacem, Peru’s largest cement company, has acquired a US plant for US$317mn, the company said in a market disclosure.
Region: USA
Heidelberg Materials North America has entered into a definitive purchase agreement to acquire the aggregates business of Green Drop Rock Products. Assets include a high-capacity plant that is well positioned to supply the Calgary market.
Region: Canada
Holcim completed the acquisition of the Cooper Standard Technical Rubber GmbH (CSTR), a leading manufacturer of highly durable and technical rubber products, which are used for roofing systems. Located in Mannheim, Germany, CSTR offers an innovative R&D department, state-of-the art production facility as well as an experienced team of 130 employees, who will fuel further growth of Holcim’s roofing business across Europe.
Region: Germany
Orient Cement has entered into Share Subscription and Shareholders’ Agreement with Ardeur Renewables and Cleantech Solar India OA 2 on July 21, 2023 for acquisition of 28.52 % stake in the share capital of Ardeur Renewables for putting up two solar power plants with capacity of 16 MWdc in Karnataka (Project 1) and capacity of 5.5 MWdc in Maharashtra (Project 2), under Captive Scheme.
Region: India
Huaxin Cement, one of China's leading cement manufacturers, has made a significant move to expand its global presence with the acquisition of a majority stake in Oman Cement. The company announced on Monday that it will purchase an additional stake of 5.08% in Oman Cement via the Muscat Stock Exchange.

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