# Huaxin Cement purchases Maweni Limestone from ARM Cement in Tanzania

China's Huaxin Cement purchased Maweni Limestone from Athi River Mining (ARM) Cement in Tanzania for $116 million, subject to regulatory approval.

- Type: Acquisition
- Announced: 2019-10-02
- Where: Tanzania, Tanzania
- Value: $116.0M
- Status: announced
- Products: limestone, cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Huaxin Cement](https://endata.com/companies/16152.md) (acquirer)
- [Athi River Mining Cement](https://endata.com/companies/42508.md) (target)

## Sources

- [globalcement.com](https://www.globalcement.com/news/analysis/10621-heidelbergcement-buys-american-and-more), 2019-10-02: "Local press reported the transaction as costing US$116m and subject to regulatory approval."

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