Cementir completes acquisition of higher share of Lehigh White Cement

Print this page

US: Italy’s Cementir Holding has completed its acquisition of an additional 38.75% of Lehigh White Cement. It paid US$107m for the purchase. Following the deal Cementir holds a 63.25% stake in Lehigh White Cement and Cemex holds the remaining 36.75%. Cementir said that the acquisition would allow it to directly manage assets in the US in the core white cement business.

Register for the Global Cement Weekly email newsletter

Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.

Register >

URL: https://globalcement.com/news/item/7307-cementir-completes-acquisition-of-higher-share-of-lehigh-white-cement

© 2024 Pro Global Media Ltd. All rights reserved.