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News Zement Leube buys minority stake in Asamer

Zement Leube buys minority stake in Asamer

Written by Global Cement staff 21 November 2018
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Austria: Zement Leube has acquired a 24.99% stake in Asamer. It made the purchase from Kurt Asamer who had decided to leave his 33% share in the business, according to the Oberösterreichische Nachrichten (OÖN) newspaper. The other partners in the business, Manfred Asamer and Robert Pree, have taken over some of Kurt Asamer’s holdings given them a majority share of 75.01%. Asamer is a building materials company that producer’s aggregates and concrete. It also owns cement production assets, including Fabrika Cementa Lukavac in Bosnia & Herzegovina.

Published in Global Cement News
Tagged under
  • Austria
  • Zement Leube
  • Shares
  • Asamer
  • GCW380

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