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SCG acquires Vietnam Construction Materials

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World Cement,


SCG Cement-Building Materials Company Ltd., a subsidiary of SCG. As acquired 100% equity in Vietnam Construction Materials JSC, which is an integrated cement operator in central Vietnam.

The enterprise value of the transaction is US$440 million, including net debt and additional efficiency improvement investment to the required assets.

 

A cement production capacity of 3.1 million t in central Vietnam will be acquired, providing the potential for further efficiency enhancements to the total capacity. Following the transaction, SCG will have a combined cement capacity o 10.5 million t across the ASEAN region.

 

Read the article online at: https://www.worldcement.com/asia-pacific-rim/30032017/scg-acquires-vietnam-construction-materials/

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