# Suez Cement approves merger with Helwan Cement

The Suez Cement Company gave preliminary approval to merge Helwan Cement Company's operations into its own. The company will determine the legal and financial framework and set a timeline before bringing the matter to a vote.

- Type: Acquisition
- Announced: 2017-11-15
- Where: Egypt
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Suez Cement Company](https://endata.com/companies/28141.md)
- [Helwan Cement Company](https://endata.com/companies/28142.md) (target)

## Sources

- [enterpriseam.com](https://enterpriseam.com/egypt/2017/11/15/suez-cement-approves-helwan-cement-merger-to-sell-up-to-5-of-tourah-cement/), 2017-11-15: "The Suez Cement Company gave a preliminary nod yesterday to merging the Helwan Cement Company’s operations into its own, according to an EGX filing."

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