Cement News tagged under: Cie des Ciments Belges
Cementir to acquire HeidelbergCement’s Belgian operations25 July 2016, Published under Cement NewsCementir has announced that it is to acquire HeidelbergCement’s Belgian assets for an enterprise value of EUR312m (US$342m). The deal primarily consists of Compagnie des Ciments Belges SA and is subject to the European Commission giving its approval. HeidelbergCement has been obliged to sell its Belgian operations as part of the process of acquiring Italcementi. In 2015 the assets generated pro forma sales of EUR180m (US$197m) on sales of 1.8Mt of cement, 4.8Mt of aggregates and 0.8Mm 3 ... |
HeidelbergCement to sell Italcementi's Belgian operations as part of integration plan06 April 2016, Published under Cement NewsHeidelbergCement has laid out its plans for the restructuring of Italcementi's operations following the former's moves to acquire a 45 per cent stake in the Italian firm last July. These include selling off Italcementi’s entire Belgian operations to address competition concerns. In a press release, HeidelbergCement said that the integration process will see the retention of Italcementi’s Italian operations and brand. The company adds that it expects the acquisition to be finalised by July... |
Belgian fines for restricting market access02 September 2013, Published under Cement NewsThe three leading cement producers in Belgium, together with two industry associations, have been fined EUR14.7m for restricting market access. The Belgium Competition Council said in a statement on Friday that CBR (part of the HeidelbergCement group), Holcim Belgium and CCB (Italcementi) colluded with the Belgian cement association FEBELCEM and the national centre for technical and scientific research for the cement industry (CRIC/OCCN). Between May 2000 and October 2003 the parties... |
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