# CCNN and Obu Cement sign merger agreement

Cement Company of Northern Nigeria (CCNN) and Obu Cement Company have signed a merger agreement. The combined entity will be named Obu Cement, and CCNN will be delisted.

- Type: Acquisition
- Announced: 2019-10-30
- Where: Nigeria
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cement Company of Northern Nigeria Plc](https://endata.com/companies/20971.md) (target)
- [Obu Cement Company](https://endata.com/companies/42993.md) (acquirer)

## Sources

- [ripplesnigeria.com](https://www.ripplesnigeria.com/ccnn-obu-cement-sign-merger-agreement-in-a-bid-to-challenge-dangote-cement-for-market-leadership/), 2019-10-30: "the board of Cement Company of Northern Nigeria (CCNN) said it is exploring a merger agreement with Obu Cement Company Plc."

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