# Unacem shareholders to evaluate merger with Inversiones Andino and two other entities

Peru-based Unacem reported that its general meeting of shareholders will evaluate a merger proposal with Inversiones Andino, Investment and Administration Trade Union, and Inmobilaria Pronto to consolidate assets and improve efficiency.

- Type: Acquisition
- Announced: 2018-12-04
- Where: Peru
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Unacem](https://endata.com/companies/35883.md) (acquirer)
- [Inversiones Andino](https://endata.com/companies/35884.md) (target)
- [Investment and Administration Trade Union](https://endata.com/companies/35885.md) (target)
- [Inmobilaria Pronto](https://endata.com/companies/35886.md) (target)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/165457/unacem-shareholders-to-discuss-merger-with-inversiones-andino.html), 2018-12-04: "The cement company explained that the main objective of the merger is to consolidate in Unacem the knowledge, strategies, experiences, specialisations, rights and other assets developed and managed by the three societies that would be absorbed."

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