Buzzi Unicem strengthens its presence in Brazil

On April 16, with the authorization of the Brazilian antitrust authority (CADE) and according to the agreement disclosed on 26 October 2020, Companhia Nacional de Cimento (CNC) has purchased all the businesses of the CRH group operating in Brazil. Buzzi Unicem owns a 50% stake of CNC in a joint venture with Grupo Ricardo Brennand.

The CRH business operating in Brazil consists of three full-cycle cement plants – located in Matozinhos, Arcos (Minas Gerais) and in Cantagalo (Rio de Janeiro) - and two grinding facilities – located in Santa Luzia and Arcos (Minas Gerais). The acquisition will result in a significant strengthening of the joint venture, which, by the way, is also operating in the same market area with the Sete Lagoas plant. In 2020, CRH Brasil sold approximately 2.8 million tons of cement.

Region: Brazil

Source: Buzzi Unicem

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.