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News Huaxin Cement to buy aggregates producer Embu

Huaxin Cement to buy aggregates producer Embu

Written by Global Cement staff 24 December 2024
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Brazil: China-based Huaxin Cement has signed a deal worth US$187m to buy aggregates producer Embu. Embu owns four quarries in the metropolitan region of São Paulo with a production capacity of nearly 9Mt/yr, according to the Rio Times newspaper. In 2023 it produced 6.3Mt and reported a net profit of around US$3.2m.

Last modified on 08 January 2025
Published in Global Cement News
Tagged under
  • Brazil
  • Huaxin Cement
  • Acquisition
  • Embu
  • Quarry
  • Aggregates
  • GCW691
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