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News NSOSPE Empreendimentos e Participacoes

Displaying items by tag: NSOSPE Empreendimentos e Participacoes

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Portugal’s Semapa closes deal for Brazil’s Supremo Cimentos

29 June 2015

Brazil/Portugal: SeeNews Portugal has reported that Portuguese holding company Semapa Sociedade Invest Gestao SGPS' Brazilian subsidiary NSOSPE Empreendimentos e Participacoes (NSOSPE) has acquired a 50% stake in Brazilian cement maker Supremo Cimentos.

The US$94m purchase agreement was announced on 29 April 2015. NSOSPE is jointly-owned by Semapa and Portuguese construction materials supplier Secil. Following the closure of the transaction, Semapa and Secil indirectly own the entire share capital of Supremo Cimentos.

Published in Global Cement News
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