Merckle raises Heidelberg stake

Ludwig Merckle has announced that he has raised his interest in Heidelberg Cement from just under 25% to 25.11% and regained a blocking minority in the business. Merckle said that the greater stake was part of a long term commitment to Heidelberg but he has no further plans to further increase his shareholding within the next 12 months.
March 29, 2012 Read time: 1 min

Ludwig Merckle has announced that he has raised his interest in Heidelberg Cement from just under 25% to 25.11% and regained a blocking minority in the business. Merckle said that the greater stake was part of a long term commitment to Heidelberg but he has no further plans to further increase his shareholding within the next 12 months.

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