# TCC Group Holdings to acquire Ivano-Frankivskcement and three related businesses in Ukraine

TCC Group Holdings' board has authorized its Dutch subsidiary to pursue the acquisition of 100% of Ivano-Frankivskcement (IFCEM) and three related Ukrainian building materials businesses for an enterprise value of up to EUR 750 million.

- Type: Acquisition
- Announced: 2026-09-24
- Where: Ivano-Frankivsk, Ukraine, Ukraine
- Value: $857.0M (750.0M EUR)
- Jobs: 2,500
- Status: announced
- Capacity: 4.3 million tonnes per annum of cement
- Products: cement, roofing materials, gypsum products, dry-mix mortar
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [TCC](https://endata.com/companies/54563.md) (acquirer)
- [Ivano-Frankivskcement](https://endata.com/companies/94312.md) (target)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/182155/tcc-targets-ukrainian-cement-acquisition.html), 2026-09-24: "TCC sees the acquisition as a way to extend its European cement business eastwards and participate in Ukraine’s eventual reconstruction."

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