Carmeuse to acquire cbb (Cementos Bío Bío) for US$505 million

Belgium-based Carmeuse has signed a binding agreement to acquire 100% of shares of Chilean company cbb (formerly Cementos Bío Bío) through a tender offer valued at US$505 million. Shareholders representing 64.57% of shares have agreed to tender their holdings.

“The acquisition aligns with its interest in cbb's lime production through subsidiary Bío Bío Cales, which operates plants in Antofagasta and Copiapó.”globalcement.com

• 3 sources
• globalcement.comCarmeuse to acquire cbb - Cement Sector News - Global CementGlobal Cement staffAug 7, 2025
• carmeuse.comCarmeuse Announces the Acquisition of Controlling Stake in Cementos Bío Bío | CarmeuseSep 15, 2025
• manda.beCarmeuse expands in South America with majority acquisition of Chile’s Cementos Bío Bío - MandAJeppe KleijngeldSep 15, 2025

Summarized from public sources; check the original articles before acting on it.