# Siam City Cement renames Holcim Vietnam after $890M acquisition

Siam City Cement Public Co Ltd announced it will rename Holcim Vietnam Co into Siam City Cement Vietnam, following its August 2016 agreement to buy LafargeHolcim's 65% stake in LafargeHolcim Vietnam for $890 million.

- Type: Acquisition
- Announced: 2017-03-02
- Where: Vietnam
- Value: $890.0M
- Status: completed
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [LafargeHolcim Group](https://endata.com/companies/19905.md) (target)
- [Siam City Cement](https://endata.com/companies/21815.md) (acquirer)
- [Holcim Vietnam](https://endata.com/companies/22593.md) (target)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/161233/siam-city-cement-renames-holcim-s-former-vietnam-operations.html), 2017-03-02: "Siam City Cement Public Co Ltd (SCCC), Thailand’s second-largest cement producer, announced it will rename its Holcim Vietnam Co into Siam City Cement Vietnam."

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