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News Lamanka Enterprises acquires 84% stake in Akhangarantsement

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
Published in Global Cement News
Tagged under
  • Uzbekistan
  • Lamanka Enterprises
  • Acquisition
  • Akhangarancement
  • Eurocement
  • Cyprus
  • Russia
  • GCW508

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