Cement News tagged under: Sançim Bilecik Çimento
Turkey: Cimsa acquires local cement producer17 July 2014, Published under Cement NewsSabanci group company Cimsa has acquired fellow Turkish producer Sancim Bilecik Cimento in a deal reportedly worth US$220.7m. The company signed the contract allowing it to purchase 100 per cent of Sançim Bilecik’s shares, according to a statement released by the Public Disclosure Platform (KAP) The transfer price of the shares, a nominal value of TRY87.5m has been set as US$220.7m, the statement said. Sançim was previously owned by Sönmez Holding (43 per cent), Aunde Teknik (38 per cent)... |
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