Schwenk Zement receives clearance to increase Akmenes Cement stake to 97%

Print this page

Lithuania: The Lithuanian Competition Council has permitted Germany-based Schwenk Zement to increase its stake in Akmenes Cement to 97% from 47%. The markets authority also granted permission for Schwenk Zement’s 75% acquisition of limestone and clay producer Kalcitas and 100% acquisitions of building materials suppliers Cemeka and Lanku Bokstai.

Last modified on 08 June 2021

URL: https://www.globalcement.com/news/item/12502-schwenk-zement-receives-clearance-to-increase-akmenes-cement-stake-to-97

© 2021 Pro Global Media Ltd. All rights reserved.