# Buzzi Unicem completes €80M acquisition of cement assets from Italsacci, Italcementi and Cemitaly

Buzzi Unicem completed the acquisition of a cement plant in Tuscany and two grinding units in Piedmont from Italsacci, Italcementi and Cemitaly for €80 million. The deal strengthens Buzzi Unicem's position in the Italian market.

- Type: Acquisition
- Announced: 2019-07-01
- Where: Tuscany (Greve in Chianti), Piedmont (Borgo San Dalmazzo and Arquata Scrivia), Italy
- Value: $90.0M (80.0M EUR)
- Status: completed
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Buzzi Unicem](https://endata.com/companies/25033.md) (acquirer)
- [Italcementi](https://endata.com/companies/29114.md) (target)
- [Cemitaly](https://endata.com/companies/38461.md) (target)
- [Italsacci](https://endata.com/companies/40356.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/BUZZI-SPA-70838/news/Buzzi-Unicem-S-p-A-completed-the-acquisition-of-Cement-plant-and-Two-grinding-units-of-Italsacci-Sp-34243979/), 2019-06-30: "The transaction is part of the plan aimed at strengthening the national market position, in the framework of the rationalization and consolidation process of the production structure that has been underway in Italy for some years."

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