# ArcelorMittal to increase stake in Ecocem France to 49%

ArcelorMittal plans to increase its stake in Ecocem France from 30% to 49% by the end of May 2018, subject to Irish Competition Authority approval.

- Type: Acquisition
- Announced: 2018-04-30
- Where: France
- Status: announced
- Products: slag cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [ArcelorMittal](https://endata.com/companies/292.md) (acquirer)
- [ArcelorMittal](https://endata.com/companies/292.md) (target)
- [Marcegaglia](https://endata.com/companies/24769.md) (investor)
- [Metinvest](https://endata.com/companies/26271.md) (investor)
- [Ecocem France](https://endata.com/companies/31612.md) (target)

## Sources

- [globalcement.com](https://www.globalcement.com/news/8170-arcelormittal-to-increase-stake-in-ecocem-france), 2018-04-30: "ArcelorMittal plans to increase its stake in Ecocem France to 49% from 30% by the end of May 2018."
- [uaprom.info](https://uaprom.info/news/164166-smi-metinvest-marcegaglia-sozdat-sp-pokupki-aktivov-arcelormittal-chastnosti-rumynii/), 2018-05-10: "Украинская горно-металлургическая группа «Метинвест» и итальянский производитель плоского проката Marcegaglia ведут переговоры о создании совместного предприятия (СП) для покупки активов крупнейшей в мире сталелитейной компании ArcelorMittal."

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