Suez Cement sells majority stake in Hilal Cement

Written by Global Cement staff 26 January 2021

Kuwait: HeidelbergCement subsidiary Suez Cement has sold its 51% majority stake in Hilal Cement. Decypha News has reported the new owner of the stake as Silver Share Real Estate. Boodai Group retains 44% of the remainder of shares.

Last modified on 27 January 2021

Published in Global Cement News

Tagged under

Kuwait
Suez Cement
Divestments
Stake
Hilal
Egypt
HeidelbergCement
Plant
Boodai Group
Silver Share Real Estate
GCW490

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