# Huaxin Cement to acquire CSN CIMENTOS for about $16.42 billion

Huaxin Cement announced it will acquire 99.99% of Brazilian cement producer CSN CIMENTOS from CSN for an estimated 90.337 billion Brazilian reais (about $16.42 billion). The target is Brazil's second-largest cement producer with 17 million tonnes per year capacity.

- Type: Acquisition
- Announced: 2026-11-08
- Where: Brazil
- Value: $1.64B
- Status: announced
- Capacity: 17 million tonnes per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [CSN](https://endata.com/companies/15458.md) (partner)
- [CSN Cimentos](https://endata.com/companies/15459.md) (target)
- [Huaxin Cement](https://endata.com/companies/16152.md) (acquirer)

## Sources

- [finance.sina.com.cn](https://finance.sina.com.cn/roll/2026-11-08/doc-inixzpas7033615.shtml), 2026-11-08: "华新建材：拟约61.42亿美元收购CSN CIMENTOS99.99%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.