Turkish Oyak Group on acquisition trail in Africa/Europe

The Oyak Group, which has various cement interests Turkey, is looking into acquisition opportunities in the cement sector. It is focusing on Europe (specifically the UK) and Africa, according to its cement group chairman Celalettin Caglar. Caglar said that the group was also interested in acquisition opportunities that could arise from the merger of Holcim of Switzerland and France's Lafarge. Lafarge has said two-thirds of divestments as a result of the deal with Holcim are expected to affect Weste
April 15, 2014 Read time: 1 min

RSSThe 5081 Oyak Group, which has various cement interests Turkey, is looking into acquisition opportunities in the cement sector.

It is focusing on Europe (specifically the UK) and Africa, according to its cement group chairman Celalettin Caglar.

Caglar said that the group was also interested in acquisition opportunities that could arise from the merger of 680 Holcim of Switzerland and France's 725 Lafarge.

Lafarge has said two-thirds of divestments as a result of the deal with Holcim are expected to affect Western Europe, but there are also overlapping operations in India, China, Canada and Brazil.

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