Strabag plans expansion

Strabag is reported to have struck a deal with Lafarge Cement to acquire a 30% stake in the company’s Austrian business. In return, Lafarge will take a 70% shareholding in Strabag’s Hungary-based Nostra Cement business. The plan has been presented to the Austrian competition authority for approval.
March 29, 2012 Read time: 1 min

3669 Strabag is reported to have struck a deal with 725 Lafarge Cement to acquire a 30% stake in the company’s Austrian business. In return, Lafarge will take a 70% shareholding in Strabag’s Hungary-based Nostra Cement business. The plan has been presented to the Austrian competition authority for approval.

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Nostra plant to open in June

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