# Asia Cement Co to acquire Halla Cement Corp

Asia Cement Co is preparing to acquire Halla Cement Corp with a reported bid between KRW700bn and KRW800bn. Halla Cement operates an integrated cement plant with 9Mta capacity.

- Type: Acquisition
- Announced: 2017-11-15
- Where: South Korea
- Value: $700.0M (750.0B KRW)
- Status: announced
- Capacity: 9Mta
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Asia Cement Corporation](https://endata.com/companies/24580.md) (acquirer)
- [Halla Cement Corp](https://endata.com/companies/28169.md) (target)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/162859/asia-cement-co-to-acquire-halla-cement-corp.html), 2017-11-15: "Asia Cement Co is preparing to acquire Halla Cement Corp with a reported bid between KRW700bn (US$627m) and KRW800bn."

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