Cementir Holding to acquire additional 38.75% stake in Lehigh White Cement Company for $106.6 million

Cementir Holding's American subsidiary Aalborg Cement Company signed an agreement to acquire an additional 38.75% stake in Lehigh White Cement Company from Lehigh Cement Company (HeidelbergCement) for $106.6 million. After closing, Cementir will hold 63.25% of LWCC, which operates two white cement plants in Waco, Texas and York, Pennsylvania.

“This acquisition gives us the opportunity to directly manage assets in the United States in our core white cement business, reinforcing our global leadership and supporting our growth strategy.”aalborgportlandholding.com

• 3 sources
• aalborgportlandholding.comCementir Holding to expand its presence in the United States | Aalborg Portland Holding A/SFeb 19, 2018
• cementirholding.comCementir Holding completes the acquisition of an additional 38.75% stake in Lehigh White Cement Company | Cementir Holding N.V.Mar 29, 2018
• cemnet.comCementir Holding completes acquisition of Lehigh White Cement Co stakeICR NewsroomApr 4, 2018

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