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News Romanian Competition Council approves LafargeHolcim’s Somaco takeover

Romanian Competition Council approves LafargeHolcim’s Somaco takeover

Written by Global Cement staff 04 October 2019
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Romania/Switzerland: Romania’s anti-trust authority has completed its review of LafargeHolcim’s takeover of the precast concrete manufacturer Someco for an undisclosed sum. SeeNews has reported that the body found that “no significant obstacles to effective competition” were raised by the deal.

Somaco’s five precast concrete and one aerated concrete block production plants, which employ 750 people, made sales of Euro56m in 2018.

Last modified on 07 October 2019
Published in Global Cement News
Tagged under
  • Romania
  • Somaco
  • Switzerland
  • LafargeHolcim
  • Takeover
  • Government
  • GCW426

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