Cement News tagged under: Türkiye

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Cimsa buys into UK and Irish building material markets

30 August 2024, Published under Cement News

This week, Cimsa (Sabanci Group) has made an agreement to acquire Mannok in Ireland in a EUR330m deal. With this acquisition, the Turkiye-based cement producer will increase its European operations in the cement sector and follows on from its expansion in Spain and the USA. The decision to enter the UK and Irish markets is part of Cimsa's broader strategy to transition from a cement producer to a 'building materials company', as well as to make the jump from 'local to global producer' and r...