Lamanka Enterprises acquires 84% stake in Akhangarantsement

Written by Global Cement staff 01 June 2021

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Uzbekistan: Cyprus-based Lamanka Enterprises has acquired an 84% stake in Akhangarantsement. The value of the deal was US$52.5m, according to the Ria news agency. In early March 2021 Russia-based Eurocement put its 84% share in the Uzbek cement producer on sale. The company operates the second largest integrated plant in the country.

Last modified on 02 June 2021

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