Spain: Germany-based HeidelbergCement is reviewing its Spanish assets, which includes three integrated cement plants and related businesses. It is considered ‘likely’ it will sell its plant in Malaga and it might sell its other plants at San Sebastian and Bilbao also, according to Bloomberg. The company’s assets in the country have been valued at around Euro300m by one source quoted by Bloomberg. Group chairman Dominik von Achten told Reuters earlier in February 2021 that the company completed a review of its business and identified five assets to sell.
HeidelbergCement explores sale of Spanish assets
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