# 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.

- Type: Acquisition
- Announced: 2019-01-22
- Where: Sobradinho, Bahia, Brazil
- Value: $335.0M (295.0M EUR)
- Status: completed
- Capacity: 3.2 Mt/yr
- Products: cement, ready-mixed concrete, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Vicat](https://endata.com/companies/16215.md) (acquirer)
- [Cimento Planalto (Ciplan)](https://endata.com/companies/36809.md) (target)

## Sources

- [globalcement.com](https://www.globalcement.com/news/9378-vicat-completes-purchase-of-majority-stake-in-ciplan), 2019-01-22: "Vicat has completed its purchase of a 65% stake in Cimento Planalto (Ciplan)."

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