Votorantim Cimentos closes Morocco divestment

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

The transaction was closed after fulfilling customary precedent conditions, including approval and clearance by regulatory authorities in Morocco. The effective delivery of the assets and financial settlement has also been completed. The commercial terms of the transaction remain confidential.

Source: Votorantim Cimentos

Image source: Votorantim Cimentos

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.

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