# Sumitomo Osaka Cement acquires 15% stake in Philcement

Sumitomo Osaka Cement Co. Ltd. acquired a 15% stake in Philcement Corp., a subsidiary of Phinma Corp., through issuance of primary shares. The investment was remitted and a share subscription agreement was signed in September 2025.

- Type: Acquisition
- Announced: 2026-01-22
- Where: Philippines
- Status: completed
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Sumitomo Osaka Cement](https://endata.com/companies/72839.md) (acquirer)
- [PHINMA Corp](https://endata.com/companies/77586.md) (partner)
- [Philcement Corp](https://endata.com/companies/77587.md) (target)

## Sources

- [philstar.com](https://www.philstar.com/business/2026/01/22/2502535/sumitomo-osaka-acquires-15-stake-philcement), 2026-01-21: "Philcement Corp. has received the remittance of the investment by Sumitomo Osaka for its the acquisition of 15 percent of Philcement through issuance of primary shares."

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