# Italcementi completes acquisition of Cementir Italia

HeidelbergCement subsidiary Italcementi completed the acquisition of Cementir Italia, including its subsidiaries Cementir Sacci and Betontir, for an enterprise value of €315 million. The deal includes 5 integrated cement plants and 2 cement grinding units with a total capacity of 5.5 million tonnes per year, all in Italy.

- Type: Acquisition
- Announced: 2018-01-02
- Where: Italy, Italy
- Value: $378.0M (315.0M EUR)
- Status: completed
- Capacity: 5.5 million tonnes per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [HeidelbergCement](https://endata.com/companies/20595.md) (partner)
- [Cementir Italia](https://endata.com/companies/26997.md) (target)
- [Italcementi](https://endata.com/companies/29114.md) (acquirer)

## Sources

- [heidelbergmaterials.com](https://www.heidelbergmaterials.com/en/pr-02-01-2018-acquisition-cementir-italia), 2018-01-02: "With the acquisition of Cementir Italia we significantly improve our nationwide presence in Italy."

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