Votorantim Cimentos preparing to bid for LafargeHolcim’s assets in Brazil

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Brazil: Votorantim Cimentos is preparing to bid for some of LafargeHolcim’s assets in Brazil. However, the company is limited by local competition rules so it is unable to try and buy all of LafargeHolcim’s assets, according the Valor Economico newspaper. In a statement to Reuters, Votorantim said that it had not made a bid yet but that it was always open to new opportunities. LafargeHolcim was reported by local press in April 2021 as wanting to sell its assets in the country.

Last modified on 07 July 2021

URL: https://www.globalcement.com/news/item/12646-votorantim-cimentos-preparing-to-bid-for-lafargeholcim-s-assets-in-brazil

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