Bosnia & Herzegovina: Hungary-based Talentis International Construction completed its acquisition of Lukavac Cement at the end of December 2023. SeeNews has reported that the conglomerate first signed a letter of intent with Lukavac Cement’s former owner, Austria-based Asamer Baustoffe, in mid-2023.
The acquisition adds Lukavac Cement’s 650,000t/yr Lukavac cement plant and Vijenac limestone mine to Talentis International Construction’s existing Southeast European assets, situated in Croatia and Romania.