Holcim buys Cemex Germany operations, sells Cesko

Swiss cement manufacturer Holcim is to acquire the activities of UK cement supplier Cemex in Germany. Holcim will also sell the Cesko unit to Cemex and merge its activities with the activities of Cemex in Spain. The deals are intended to enhance the portfolio of Holcim in Europe. The Ebitda is expected to increase by at least €20 million. To secure the deal, Holcim will pay €70 million to Cemex. The deals will be finalised in Q4 2013.
August 28, 2013 Read time: 1 min

Swiss cement manufacturer 680 Holcim is to acquire the activities of UK cement supplier 643 Cemex in Germany. Holcim will also sell the Cesko unit to Cemex and merge its activities with the activities of Cemex in Spain. The deals are intended to enhance the portfolio of Holcim in Europe. The Ebitda is expected to increase by at least €20 million. To secure the deal, Holcim will pay €70 million to Cemex. The deals will be finalised in Q4 2013.

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Cemex signs binding transaction agreements with Holcim

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Under the main scope of the transactions between the global cement sector giants, Cemex will acquire all of Holcim’s assets in the Czech Republic and will divest its assets in the western part of Germany to Holcim. In Spain, Cemex will now acquire Holcim’s Gador cement plant (cement capacity of 0.85 million tonnes) and its Yeles cement grinding station (cement capacity

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