Unión Andina de Cementos to acquire Cementos La Unión Chile

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Chile: Peru-based Unión Andina de Cementos (Unacem) has signed a contract with Inversiones Mel 20 Limitada and Spain-based Cementos La Unión for the acquisition of the latter’s Chilean subsidiary Cementos La Unión Chile. Diario Financiero News has reported that the company operates the 300,000t/yr San Antonio grinding plant and a concrete plant. The value of the deal is US$23m. The agreement is subject to approval by local regulators.

Last modified on 06 January 2021

URL: https://www.globalcement.com/news/item/11760-union-andina-de-cementos-to-acquire-cementos-la-union-chile

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