Vicat completes purchase of majority stake in Ciplan

Written by Global Cement staff 22 January 2019

Brazil: France’s Vicat Group has completed its purchase of a 65% stake in Cimento Planalto (Ciplan). The transaction was structured through a reserved capital increase of Euro295m. Proceeds will be used to settle Ciplan's existing debt. Ciplan operates a 3.2Mt/yr integrated plant at Sobradinho in Bahia near to Brasilia. It also runs nine ready-mixed concrete plants and five aggregates quarries.

Last modified on 23 January 2019

Published in Global Cement News

Tagged under

Brazil
France
VICAT
Acquisition
Ciplan
Debts
GCW388

Related items

Holcim completes PTB-Compaktuna acquisition
Sika acquires MBCC Group
Firma Vasútvill to acquire 49% stake in MABA Hungaria
Brazilian cement sales rise to 64.7Mt in 2021
Acquisitions in the Pacific North-West and Lafarge’s ‘Kodak’ moment

Acquisition Cemex China CO2 coronavirus Export Germany Government grinding plant HeidelbergCement Holcim Import India Lafarge LafargeHolcim Legal Mexico Nigeria Pakistan Philippines Plant Product Production Results Russia Sales Sustainability UK Upgrade US

«	January 2022					»
Mon	Tue	Wed	Thu	Fri	Sat	Sun
					1	2
3	4	5	6	7	8	9
10	11	12	13	14	15	16
17	18	19	20	21	22	23
24	25	26	27	28	29	30
31