# Siberian Cement gains approval to acquire Optic Holding

Russia's Federal Antimonopoly Service approved the merger of Pereval Pit and Angarsk Cement with Optic Holding, giving Siberian Cement a 99.9% stake in Optic Holding.

- Type: Acquisition
- Announced: 2018-12-19
- Where: Russia
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Siberian Cement](https://endata.com/companies/36280.md) (acquirer)
- [Optic Holding](https://endata.com/companies/36281.md) (target)
- [Angarsk Cement](https://endata.com/companies/36282.md) (target)
- [Pereval Pit](https://endata.com/companies/36283.md) (target)

## Sources

- [globalcement.com](https://www.globalcement.com/news/9228-russian-competition-body-approves-siberian-cement-s-purchase-of-optic-holding), 2018-12-19: "The Federal Antimonopoly Service (FAS) has approved a merger of Pereval Pit and Angarsk Cement with Optic Holding."

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