Buzzi Unicem - September 2018

Buzzi Unicem has signed an agreement with Grupo Ricardo Brennand to purchase a 50 per cent stake BCPAR. This will involve a capital outlay of BRL700m (EUR144m), half of which will come in the form of a capital increase. It is expected that the deal will be concluded by the end of the year. There will be an option to acquire the remainder of the share capital during the 2025-26 period.

In 2017 BCPAR generated a turnover of BRL538m (EUR110m) and an EBITDA of BRL88m (EUR18m) when 2.7Mt of cement was sold. BCPAR’s first cement works commenced operations in the state of Minas Gerais during 2011 and has a capacity of 1.2Mta of clinker and 2.4Mta of cement. The second works, in Paraiba, was commissioned in 2015 and has a capacity of 1.4Mta of clinker and 1.7Mta of cement.