South Africa: Mining and materials company Afrimat says that further regulatory conditions as part of its ongoing acquisition of Lafarge South Africa have been met. The Minister of Mineral Resources and Energy of South Africa has consented in terms of the Mineral and Petroleum Resources Development Act, the Financial Surveillance Department of the South African Reserve Bank has approved the acquisition in terms of the Exchange Control Regulations and the respective Competition Authorities in Botswana and eSwatini have approved the implementation of the acquisition. Approval by the Competition Commission is still outstanding but it recommended the transaction to the Competition Tribunal in November 2023. However, the Competition Commission highlighted ‘horizontal overlaps’ in the aggregates and ready-mix concrete sectors and recommended that the parties be required to divest assets across the affected sectors.

Afrimat first announced in June 2023 that it had agreed a share purchase agreement with a Holcim Group subsidiary, Caricement, to acquire 100% of the issued share capital of Lafarge South Africa. The proposed acquisition will become unconditional and be implemented once approval by the Competition Tribunal has been obtained.

Denmark/Sweden: FLSmidth Cement has sold its MAAG gears and drives business to the Sweden-based investment company Solix Group for an undisclosed sum. The transaction is expected to close during the first quarter of 2024 and includes all related assets, including intellectual property, technology, employees and customer contracts. FLSmidth said that the divestment was is in line with its Green'26 strategy, which in combination with a greater strategic focus on the service business includes focusing the product portfolio on the core technologies required for a potential green transition in the cement industry.

The MAAG product range includes a wide range of industrial gear solutions for all types of mills and kilns, gear solutions for bucket-wheel excavators and belt conveyors, as well as many other heavy-duty applications used in the cement, mining and other industries. The business has an average turnover of around Euro55 – 65m/yr.

Christopher Ashworth, the president of FLSmidth Cement, said “The divestment is fully aligned with our ongoing transformation efforts and supports our Green'26 strategy. I would like to extent my gratitude to the dedicated employees in the MAAG business for their unwavering commitment to supplying high-quality solutions and services. I wish all the MAAG employees and Solix the very best going forward."

Morocco: NovaCim joined the national cement association, the l’Assemblée Générale de l’Association Professionnelle des Cimentiers (APC), in late December 2023. The cement producer operates a 1.6Mt/yr plant at Oulad Ghanem in El Jadida Province.

APC represents Asment Temara, Heidelberg Materials subsidiary Ciments du Maroc, Ciments De L’Atlas (CIMAT), LafargeHolcim Maroc and NovaCim. The companies operate 14 integrated cement plants and seven grinding plants between them with a total production capacity of just under 25Mt/yr.

China: Switzerland-based Maerz has commissioned two lime kilns for Guizhou Gangli Xinmin New Material’s plant in Guizhou province. The new plant includes a 600t/day R4S kiln and an 800t/day R5S kiln. Both kilns are coal fired. This is the first time Maerz has supplied kilns to Guizhou Gangli. As part of the project, Maerz supplied engineering and key equipment as well as technical support services for the commissioning and firing of the kilns. Maerz’s long-standing local partner Shanghai Maiyao built the turnkey plants and will operate them on behalf of the customer for the next few years.