- Secil, headquartered in Lisbon, is a leading company in building materials and construction solutions, with operations in eight markets and a strong footprint in Portugal.
- Molins strengthens its presence in Europe, expands global footprint, diversifies revenue, and accelerates sustainability roadmap.
- Strategic acquisition valued at €1400 million to deliver immediate value and long-term growth.
Molins has reached an agreement with Portuguese investment group Semapa – Sociedade de Investimento e Gestão, SGPS, S.A. – to acquire 100% of Secil Companhia Geral de Cal e Cimento, S.A. (Secil). This transaction marks a major milestone in Molins’ profitable and sustainable growth strategy, reinforcing its presence in Europe and completing its geographic expansion in Latin America by entering Brazil, the only major market in the region where Molins was not yet present.
Headquartered in Lisbon, Secil is a renowned provider of building materials and construction solutions, operating in eight markets with a cement production capacity of c. 10 million tpy. Its diversified business portfolio includes cement, concrete, aggregates, construction solutions, and circular economy. Secil employs over 2900 professionals and reported sales of €740 million over the last twelve months. Secil is recognised for its strong brand, innovation capabilities, and proven track record of growth and value creation.
The transaction is valued at €1400 million and it is expected to be accretive from the first year, driven by significant synergy potential, strong profit contribution, and robust cash generation.
Molins will strengthen its presence in Europe, enter the Brazil market, expands its global footprint, diversify revenue, and reduce exposure to currency volatility. This acquisition also accelerates Molins’ sustainability roadmap by leveraging the combined technical expertise and innovation capabilities. Both companies share a strong commitment to decarbonisation, with Secil’s targets aligned with the Science Based Targets initiative (SBTi).
Marcos Cela, CEO of Molins, said: “This agreement is a key milestone in Molins’ strategy. Secil brings a solid international presence and a strong culture rooted in its family-owned industrial legacy, with values that we deeply share. Combining our strengths will allow us to grow with a more diversified and resilient profile, while reinforcing our commitment to sustainability. Together we will expand our offer of high-value, circular and low-carbon solutions for our customers, creating new opportunities for our people. I look forward to welcoming Secil’s 2900 employees to Molins.”
Ricardo Pires, CEO of Semapa, added: “Secil is part of Semapa’s origins and will always hold a special place in our history. I would like to express my appreciation to the Secil team for their remarkable journey of growth and value creation over the past years. This transaction is a strategic step for the Group, enabling us to strengthen our ability to invest, innovate and accelerate the strategy we have been implementing. We are pleased to see Secil join a relevant cement group with global presence and also owned by a family with a long-term vision, ensuring the company’s future development.”
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