# PT Semen Indonesia to acquire 80.6% stake in PT Holcim Indonesia for $917M

PT Semen Indonesia (SMGR) has agreed to buy an 80.6% stake in PT Holcim Indonesia from LafargeHolcim for US$917 million, acquiring four cement plants with combined capacity of 14.8Mta, 33 ready-mix facilities and two aggregate quarries.

- Type: Acquisition
- Announced: 2018-11-16
- Where: Indonesia
- Value: $917.0M
- Status: announced
- Capacity: 14.8Mta cement
- Products: cement, ready-mix concrete, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [LafargeHolcim Group](https://endata.com/companies/19905.md) (partner)
- [PT Semen Indonesia](https://endata.com/companies/22351.md) (acquirer)
- [PT Holcim Indonesia](https://endata.com/companies/35461.md) (target)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/165325/pt-semen-indonesia-tightens-grip-on-domestic-market.html), 2018-11-16: "We are grateful to be able to announce a transformational share takeover transaction for Semen Indonesia Group to be able to maintain its position as a market leader in 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.