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News Heidelberg Materials to sell DRC cement business

Heidelberg Materials to sell DRC cement business

Written by Global Cement staff 28 January 2025
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Democratic Republic of the Congo: Heidelberg Materials has agreed to divest its 91% stake in Cimenterie de Lukala, a cement producer in the Democratic Republic of the Congo (DRC), to WIH Cement Developing Company. The transaction comprises an integrated cement plant in Lukala, near the capital of Kinshasa. The financial terms of the transaction were not disclosed. Completion is expected in 2025, subject to regulatory approvals.

Last modified on 29 January 2025
Published in Global Cement News
Tagged under
  • Heidelberg Materials
  • Democratic Republic of Congo
  • Divestments
  • Stake
  • Cimenterie de Lukala
  • Middle East and Africa
  • GCW694
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