European Commission blocks Cemex Croatia sale to Duna Dráva Cement

The European Commission barred the sale of three Cemex Croatia cement plants to Duna Dráva Cement, a joint venture of HeidelbergCement and Schwenk, citing reduced competition in gray cement markets.

“The EC barred the Cemex Croatia sale, citing the European Union Merger Regulation and concern that the transaction would significantly reduce competition in gray cement markets.”concreteproducts.com

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• concreteproducts.comCemex, Heidelberg incur antitrust policy on both sides of the Atlantic – Concrete ProductsConcrete NewsJun 12, 2017

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