Vicat completes purchase of 65% stake in Ciplan

Vicat Group completed the acquisition of a 65% stake in Cimento Planalto (Ciplan) through a EUR 295 million reserved capital increase. Ciplan operates a 3.2 Mt/yr integrated cement plant in Sobradinho, Bahia, Brazil.

“Vicat has completed its purchase of a 65% stake in Cimento Planalto (Ciplan).”globalcement.com

• 1 source
• globalcement.comVicat completes purchase of majority stake in Ciplan - Cement Sector News - Global CementGlobal Cement staffJan 22, 2019

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