Cementir completes acquisition of higher share of Lehigh White Cement

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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.

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

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