# Semen Indonesia acquires 80.64% stake in Holcim Indonesia

Semen Indonesia, through its subsidiary SIIB, finalized the purchase of 6.18 billion shares in Holcim Indonesia for Rp 12.96 trillion (US$916.3 million), gaining 80.64% ownership. The acquisition adds four cement factories and increases Semen Indonesia's installed capacity to 50 million tons annually.

- Type: Acquisition
- Announced: 2019-01-31
- Where: Jakarta, Indonesia
- Value: $916.3M (12960.0B IDR)
- Status: completed
- Capacity: 50 million tons per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [LafargeHolcim Group](https://endata.com/companies/19905.md) (partner)
- [Semen Indonesia](https://endata.com/companies/21263.md) (acquirer)
- [Holderfin BV](https://endata.com/companies/26120.md) (partner)
- [Holcim Indonesia](https://endata.com/companies/35466.md) (target)
- [Semen Indonesia Industri Bangunan](https://endata.com/companies/37389.md) (acquirer)
- [PT Solusi Bangun Indonesia](https://endata.com/companies/37390.md) (target)

## Sources

- [english.kontan.co.id](https://english.kontan.co.id/news/semen-indonesia-to-expand-business-after-holcim-acquisition), 2019-02-18: "With the takeover [of Holcim], Semen Indonesia can hopefully integrate its supply chain and get a foothold in Jakarta and West Java, which consume the most cement in the country."

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