Italcementi - July 2016
Italcementi’s subsidiary Ciments Français has agreed to the sale of its subsidiary Compagnie des Ciments Belges (CCB) and its subsidiaries to the Cementir subsidiary Aalborg Portland Holding for EUR312m. CCB has a cement works at Gaurin in the province of Tournai. Last year’s production amounted to 1.8Mt of cement, 4.8Mt of aggregates and 0.8Mm³ of ready-mixed concrete, generating a turnover of EUR180m.