# Taiwan Cement forms $1.1B joint venture with OYAK

Taiwan Cement Corporation invested up to $1.1 billion in Ordu Yardimlasma Kurumu (OYAK) to form a joint venture, with Taiwan Cement holding 40% and OYAK 60%.

- Type: Acquisition
- Announced: 2018-10-26
- Value: $1.10B
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Taiwan Cement](https://endata.com/companies/28068.md) (investor)
- [Ordu Yardimlasma Kurumu](https://endata.com/companies/35138.md) (partner)

## Sources

- [sullcrom.com](https://www.sullcrom.com/About/News-and-Events/Highlights/2018/October/Taiwan-Cement-Corporation-Forms-11-Billion-Joint-Venture-with-Ordu-Yardimlasma-Kurumu), 2018-10-26: "S&C represents Taiwan Cement Corporation (Taiwan) in its investment in Ordu Yardimlasma Kurumu (OYAK) (Turkey) in an amount up to $1.1 billion by way of forming a joint venture with OYAK"

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