Displaying items by tag: Asamer

Austria: Zement Leube has acquired a 24.99% stake in Asamer. It made the purchase from Kurt Asamer who had decided to leave his 33% share in the business, according to the Oberösterreichische Nachrichten (OÖN) newspaper. The other partners in the business, Manfred Asamer and Robert Pree, have taken over some of Kurt Asamer’s holdings given them a majority share of 75.01%. Asamer is a building materials company that producer’s aggregates and concrete. It also owns cement production assets, including Fabrika Cementa Lukavac in Bosnia & Herzegovina.

Bosnia & Herzegovina: Austria’s Asamer Baustoff plans to force a buyout of Fabrika Cementa Lukavac to acquire the remaining 0.46% share of the cement producer it does not already own. The building materials company intends to use its right to transfer voting shares from minority shareholders to itself, according to SeeNews. The move follows a previous move to increase its share in the cement producer in June 2018.

Bosnia & Herzegovina: Austria’s Asamer Baustoffe has made a bid for the remaining share of Fabrika Cementa Lukavac. At present it owns 99% of the cement producer. Fabrika Cementa Lukavac operates 0.8Mt/yr integrated plant at Lukavac.