# 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.

- Type: Acquisition
- Announced: 2018-11-12
- Where: Indonesia, Indonesia
- Value: $917.0M
- Status: announced
- Capacity: 14.8 million tonnes per annum
- Products: cement, ready-mix concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [LafargeHolcim Group](https://endata.com/companies/19905.md) (target)
- [Semen Indonesia](https://endata.com/companies/21263.md) (acquirer)
- [PT Holcim Indonesia](https://endata.com/companies/35461.md) (target)
- [Holcim Indonesia](https://endata.com/companies/35466.md) (target)

## Sources

- [sg.finance.yahoo.com](https://sg.finance.yahoo.com/news/semen-indonesia-buy-lafargeholcims-indonesian-unit-917-million-034819726--finance.html), 2018-11-13: "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."
- [cemnet.com](https://www.cemnet.com/News/story/165317/semen-indonesia-to-buy-lafargeholcim-s-indonesian-unit.html), 2018-11-13: "Indonesia's largest cement producer, Semen Indonesia, is buying the local business of LafargeHolcim for around US$940m."
- [thejakartapost.com](https://www.thejakartapost.com/adv/2018/11/16/semen-indonesia-acquires-holcim-indonesia), 2018-11-15: "We're grateful that we can announce the acquisition of the shares by Semen Indonesia Group to maintain our position as market leader in Indonesia."
- [globalcement.com](https://www.globalcement.com/news/9219-semen-indonesia-signs-sales-and-purchase-agreement-to-buy-holcim-indonesia), 2018-12-17: "Semen Indonesia has signed a sales and purchase agreement worth US$917m to buy a 80.6% share of Holcim Indonesia."

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