Buzzi completed the sale of operations in Ukraine

Following the approval received from the local Antitrust authority on 5 September 2024, Buzzi has completed the closing of the sale of its assets in Ukraine to CRH, which was signed on 20 June 2023.

The sale price amounts to €0.1 billion.

In Ukraine, Buzzi has been operating two fully integrated cement plants and two cement distribution terminals, in addition to ready-mix concrete plants in three cities. Total revenue for the full fiscal year 2023 amounted to €85.6 million, with an EBITDA of €5.6 million.

Region: Ukraine

Source: Buzzi S.p.A.

The use of materials published on the site is allowed only with the reference to the source (the journal «Cement and its application») and a hyperlink to the quoted material.

Most Read

18.10.2024 13:18International Seminar on Advances in Bridge Management Concludes in Bengaluru

The event was organized by the Indian Road Congress (IRC), in association with the Ministry ...

31.10.2024 18:13Cement Network Report: Bolivia's cement industry reached a new high in production and sales in the first eight months

According to data from the Bolivian National Statistics Institute (INE), in the first eight ...

17.10.2024 12:48PT Indocement Tunggal Prakarsa Tbk. sets up a joint venture with PT Amita Tamaris Lestari to process industrial waste

PT Indocement Tunggal Prakarsa Tbk., through its subsidiary PT Sari Bhakti Sejati established a comp...

15.10.2024 13:39Buzzi completed the sale of operations in Ukraine

Following the approval received from the local Antitrust authority on 5 September 2024,Buzzi has com...

15.10.2024 14:00The acquisition of Cimento Nacional in Brazil has been completed by Buzzi

Buzzi SpA has completed the acquisition from Grupo Ricardo Brennand of a 50 % stake in NCPAR, th...

News subscription