# 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.

- Type: Acquisition
- Announced: 2017-06-12
- Where: Croatia, Croatia
- Status: cancelled
- Products: gray cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cemex](https://endata.com/companies/16140.md) (target)
- [HeidelbergCement](https://endata.com/companies/20595.md) (partner)
- [Schwenk](https://endata.com/companies/23153.md) (partner)
- [Duna Drava Cement](https://endata.com/companies/23170.md) (acquirer)

## Sources

- [concreteproducts.com](https://concreteproducts.com/index.php/2017/06/12/cemex-heidelberg-incur-antitrust-policy-on-both-sides-of-the-atlantic/), 2017-06-12: "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."

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