Buzzi Unicem to acquire 50% stake in BCPAR SA from Grupo Ricardo Brennand

Buzzi Unicem has signed an agreement to acquire a 50% stake in BCPAR SA, a subsidiary of Brennand Cimentos, including two integrated cement plants in Paraíba and Minas Gerais, Brazil. The initial outlay is BRL 700 million (approx. EUR 150 million), with closing expected by 31 December 2018.

“Buzzi Unicem has signed an agreement with Grupo Ricardo Brennand aimed at acquiring 50 per cent of BCPAR SA, a subsidiary of Brennand Cimentos, including two integrated cement plants in Paraíba and Minas Gerais, Brazil.”cemnet.com

• 1 source
• cemnet.comBuzzi Unicem set to acquire 50% of Grupo Ricardo BrennandSep 6, 2018

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