# CCNN shareholders approve merger with Obu Cement

Shareholders of Cement Company of Northern Nigeria approved a merger with Obu Cement Plc, expected to increase production capacity to 8 million MTPA, pending SEC and court approval.

- Type: Acquisition
- Announced: 2019-12-05
- Where: Nigeria
- Status: announced
- Capacity: 8 million MTPA
- 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) (acquirer)
- [Obu Cement Company](https://endata.com/companies/42993.md) (target)

## Sources

- [nairametrics.com](https://nairametrics.com/2019/12/05/ccnn-utilising-inorganic-growth-against-dangote-cement-with-obu-cement-merger-approval/), 2019-12-05: "The proposed merger will increase the production capacity of the enlarged company to 8 million MTPA."

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