# Oriental Yuhong to acquire 60% stake in Brazil's Novakem

Oriental Yuhong's wholly-owned subsidiary Oriental Yuhong Brazil signed a share purchase agreement to acquire 60% of Brazil's Novakem for approximately 1.08 billion Brazilian reais (about 144 million yuan). Novakem is a leading supplier of cement additives and concrete admixtures in Brazil.

- Type: Acquisition
- Announced: 2025-11-20
- Where: Brazil, Brazil
- Value: $20.0M (144.0M CNY)
- Status: announced
- Products: cement additives, concrete admixtures
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Oriental Yuhong](https://endata.com/companies/42221.md) (acquirer)
- [Novakem](https://endata.com/companies/88590.md) (target)

## Sources

- [finance.ifeng.com](https://finance.ifeng.com/c/8oRNiYN6jS4), 2025-11-20: "本次交易旨在立足公司建筑建材系统服务商的核心定位，充分利用Novakem在外加剂产品领域的综合优势，助力公司立足巴西并拓展拉美市场。"
- [finance.sina.com.cn](https://finance.sina.com.cn/roll/2025-11-20/doc-infxzzst2625048.shtml), 2025-11-20: "东方雨虹全资子公司于北京时间11月19日正式签署协议，拟收购巴西头部水泥添加剂及混凝土外加剂企业Novakem60%股权。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.