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Vicat Group completed the acquisition of a 64.74% majority stake in Brazilian cement producer Cimento Planalto (Ciplan) through a EUR295m reserved capital increase. Ciplan operates a cement plant near Brasília with 3.2Mta capacity.
“Vicat Group has successfully completed its transaction with the shareholders of Cimento Planalto (Ciplan), securing a majority stake of 64.74 per cent in the Brazilian cement producer.”cemnet.com
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