Acquisition of Italcementi finalised
Published by Joseph Green,
Editor
World Cement,
On 12 October 2016, HeidelbergCement purchased the remaining Italcementi shares that had not been tendered in the mandatory tender offer.
Therefore, HeidelbergCement is now the sole shareholder of Italcementi and owns 100% of the share capital. Italcementi shares were delisted from the Italian Stock Exchange on the same day.
In a shareholder meeting on 19 October 2016 a new Board of Directors was established for Italcementi. The new members are Luca Sabelli (Chairman), Dominik von Achten (Executive Vice President), Lorenz Näger (Executive Vice President) and Roberto Callieri (CEO).
Read the article online at: https://www.worldcement.com/africa-middle-east/21102016/acquisition-of-italcementi-finalised/
You might also like
World Cement Podcast
In the latest episode of the World Cement Podcast, Senior Editor David Bizley is joined by Dr Andrew Minson of the GCCA to discuss the ins and outs of the recently launched Low Carbon Ratings (LCR) system.
CRH announce first quarter 2025 results
CRH announce good start to the year despite unfavourable weather in the seasonally least significant quarter.
