# 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.

- Type: Acquisition
- Announced: 2018-10-05
- Where: Sobradinho, Bahia, Brazil
- Value: $333.0M (290.0M EUR)
- Status: announced
- Capacity: 3.2 million tonnes per year
- Products: cement, ready-mixed concrete, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Vicat](https://endata.com/companies/16215.md) (acquirer)
- [Ciplan](https://endata.com/companies/34461.md) (target)
- [Cimento Planalto](https://endata.com/companies/34761.md) (target)

## Sources

- [globalcement.com](https://globalcement.com/news/8883-vicat-buys-majority-stake-in-ciplan), 2018-10-05: "France’s Vicat Group has acquired a majority share in Cimento Planalto (Ciplan)."
- [consultancy.lat](https://www.consultancy.lat/news/787/alvarez-marsal-advise-vicat-on-brazilian-cement-plant-purchase), 2018-10-10: "The $333 million deal was finalised at the start of this week with Alvarez & Marsal acting as the buy-side advisors."

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