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News European Commission approves Oyak acquisition of Cimpor Portugal

European Commission approves Oyak acquisition of Cimpor Portugal

Written by Global Cement staff 11 January 2019
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Belgium: The European Commission has approved the acquisition of sole control over Cimpor Portugal by Turkey’s Oyak. The commission ruled that there are no competition concerns between the cement producers given that they operate in different geographic markets. The deal was announced in late October 2018.

Last modified on 16 January 2019
Published in Global Cement News
Tagged under
  • Belgium
  • Europe
  • European Commission
  • Competition
  • OYAK
  • Acquisition
  • Cimpor
  • Portugal
  • Türkiye
  • GCW387

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