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News Cementir Holding to increase stake in Sinai White Portland Cement

Cementir Holding to increase stake in Sinai White Portland Cement

Written by Global Cement staff 14 August 2024
  • Print

Egypt: Cementir Holding’s Aalborg Portland Holding has acquired an additional 25% stake in Sinai White Portland Cement (SWCC) from Sinai Cement Company for approximately €30m. This represents Sinai Cement Company’s entire stake. Following this transaction, Cementir will indirectly hold 96.5% of SWCC’s share capital.

Last modified on 14 August 2024
Published in Global Cement News
Tagged under
  • Egypt
  • Cementir Holding
  • Sinai White Cement
  • Aalborg Portland
  • Sinai Cement
  • Stake
  • Shares
  • share capital
  • GCW672

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