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News HeidelbergCement interested in Croatia’s Nasicecement

HeidelbergCement interested in Croatia’s Nasicecement

Written by Global Cement staff 31 July 2013
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Croatia: HeidelbergCement is interested in bidding for the Croatian cement plant Nasicecement, according to HeidelbergCement's regional director Branimir Muidza.

"We are still very interested in the acquisition and we are carefully monitoring the situation of Nasicecement's pre-bankruptcy settlement. If an opportunity arises we are ready to invest," said Muidza to SeeNews. HeidelbergCement has previously held a 8% stake in Nasicecement.

In February 2013 Nexe Grupa, who own Nasicecement, revealed that it had submitted a motion for the opening of a pre-bankruptcy settlement procedure. Its subsidiaries did likewise. Acquiring Nasicecement could compliment HeidelbergCement's strategy in the Balkans as it holds cement plants in Hungary and Bosnia & Herzegovina.

Published in Global Cement News
Tagged under
  • Croatia
  • HeidelbergCement
  • Nasicement
  • Acquisition
  • GCW111

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