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European cement news

 
 
 

Voith becomes sole owner of ELIN Motoren

Since 01 May 2020 70% of ELIN Motoren GmbH has been owned by Voith Group. The other 30% of the company remained with the long-standing Managing Director Franz Hrachowitz. At the end of last year, the two parties agreed on the acquisition of the remaining stake.

 
 

Holcim divests cement business in Northern Ireland

The company has sold its cement business in Northern Ireland to Cookstown Cement Ltd for an Enterprise Value of CHF 70 million, covering a production capacity of 450 000 t.