Schwenk seeks purchase of Akmenes Cement

Written by Global Cement staff 10 May 2021

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Lithuania: Germany-based Schwenk Zement has sought to increase its stake in 50% subsidiary Akmenes Cement to 97%. The company is also seeking the acquisition of a 75% stake in limestone supplier Kalcitas. The producer took over Mexico-based Cemex’s stake in Akmenes Cement in 2019.

Last modified on 12 May 2021

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