Nov 12, 2018ACQUISITIONIndonesia, Indonesia Semen Indonesia to buy LafargeHolcim's Indonesian unit for $917 million
Semen Indonesia signed a deal to acquire 80.6% of PT Holcim Indonesia from LafargeHolcim for approximately $917 million, including four cement plants with capacity of 14.8 million tonnes per annum and 30 ready-mix plants.
Capacity
14.8 million tonnes per annum
Productscementready-mix concrete
“Indonesia's biggest cement maker Semen Indonesia is buying the local business of Swiss company LafargeHolcim for roughly $917 million, in a move that will consolidate the struggling Indonesian industry.”sg.finance.yahoo.com
- 4 sources
- sg.finance.yahoo.comSemen Indonesia to buy LafargeHolcim's Indonesian unit for $917 millionReutersNov 13, 2018
- cemnet.comSemen Indonesia to buy LafargeHolcim’s Indonesian unitICR NewsroomNov 13, 2018
- thejakartapost.comSemen Indonesia acquires Holcim Indonesia - Quick Dispatch - The Jakarta PostInforialNov 15, 2018
- globalcement.comSemen Indonesia signs sales and purchase agreement to buy Holcim Indonesia - Cement Sector News - Global CementGlobal Cement staffDec 17, 2018
Summarized from public sources; check the original articles before acting on it.