Skip to main content

Cementir Italia acquisition approved by regulator

Published by
World Cement,


The Italian Antitrust Authority has given approval to the sale of Cementir Italia to Italcementi, a subsidiary of HeidelbergCement. The sale includes Cementir Italia’s subsidiaries, Cementir Sacci and Betontir.

The transaction is expected to close in early January 2018. After closing, Italcementi will be required to divest some plants from among a list identified by the antitrust authority.

Italcementi will acquire Cementir Italia for €315 million. Cementir Italia’s assets include five integrated cement plants and two cement grinding stations, as well as a network of cement terminals and concrete plants.

Read the article online at: https://www.worldcement.com/europe-cis/20112017/cementir-italia-acquisition-approved-by-regulator/

You might also like

 WCT2020

Optimisation 2020

Optimisation 2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »

 

 Spotlight

World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »

 
 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Heidelberg Cement news European cement news