Displaying items by tag: W&P Cementi

Italy: Alpacem subsidiary W&P Cementi has concluded a deal to buy Buzzi’s Fanna cement plant in Friuli-Venezia Giulia. The plant has a clinker capacity of 660,000t/yr. As a part of the deal, Buzzi will obtain a 25% stake in Alpacem’s Austrian subsidiary Alpacem Zement Austria. Alpacem said that the deal expands the companies’ existing strategic partnership into the Austrian market. The parties expect to conclude the deal, pending the approval of competition authorities, in 2024.

Alpacem chief executive officers Bernhard Auer and Lutz Weber said “We are pleased to be expanding the strategic partnership. There are many future challenges in the cement sector that we can solve better together than we can individually.”

Italy: W&P Cementi and Friulana Calcestruzzi’s turnover grew by 12% year-on-year to Euro35m in 2018. W&P Cementi produced around 0.35Mt of cement and binders, according to the Il Friuli newspaper. Friulana Calcestruzzi produced around 0.12Mm³ of ready-mix concrete. The companies are part of Austria’s Alpacem brand bringing together cement and concrete subsidiaries of Wietersdorfer Group in Austria, Slovenia and Italy. The group has a cement production capacity of 2Mt/yr and a concrete production capacity of 0.3Mm³ across 19 sites with over 640 staff.

Italy/Slovenia: Buzzi Unicem has completed a strategic agreement with Austria's Wietersdorfer & Peggauer, which was initially announced in February 2014. Under the terms of the deal, W&P Cementi, Wietersdorfer & Peggauer's Italian subsidiary, has acquired Buzzi Unicem's 0.3Mt/yr cement plant in Cadola, Belluno Province, Italy. W&P Cementi has also won the right to purchase Buzzi Unicem's 0.4Mt/yr cement plant in Travesio, Pordenone Province, Italy within the next five years for Euro22m. At the same time, Buzzi Unicem has paid Euro22m for a 25% stake in W&P Cementi and a 25% stake in Salonit Anhovo, Wietersdorfer & Peggauer's Slovenian subsidiary.