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Vicat Group acquires 65% stake in Cimento Planalto for €290 million · Endata

◂ Announcements

Oct 5, 2018ACQUISITIONSobradinho, Bahia, Brazil

Vicat Group acquires 65% stake in Cimento Planalto for €290 million

France's Vicat Group has signed a binding agreement to buy a 65% share in Brazilian cement producer Cimento Planalto (Ciplan) for €290 million through a reserved capital increase. Ciplan operates a 3.2Mt/yr integrated plant in Sobradinho, Bahia.

Value

$333.0M (290.0M EUR)

Status

Announced

Capacity

3.2 million tonnes per year

Productscementready-mixed concreteaggregates

CompaniesVicat acquirer Ciplan target Cimento Planalto target

Sectors#Construction Materials

“France’s Vicat Group has acquired a majority share in Cimento Planalto (Ciplan).”globalcement.com

2 sources
globalcement.comVicat buys majority stake in Ciplan - Cement Sector News - Global CementGlobal Cement staffOct 5, 2018
consultancy.latAlvarez & Marsal advise Vicat on Brazilian cement plant purchaseConsultancy.latOct 10, 2018

Summarized from public sources; check the original articles before acting on it.

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