# West China Cement to acquire Ohorongo Cement for $104M

West China Cement Ltd has agreed to acquire Namibia's Ohorongo Cement for US$104 million, following an agreement on January 3, 2020. The deal is subject to Namibian regulatory approval and must be completed by March 31, 2020.

- Type: Acquisition
- Announced: 2020-01-03
- Where: Otavi, Namibia
- Value: $104.0M
- Status: announced
- Capacity: 0.7Mt per year
- Products: cement, clinker
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ohorongo Cement](https://endata.com/companies/15762.md) (target)
- [Schwenk Zement](https://endata.com/companies/22655.md) (investor)
- [West China Cement](https://endata.com/companies/44321.md) (acquirer)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/168042/ohorongo-cement-to-be-acquired-by-west-china-cement.html), 2020-01-06: "Namibia's Ohorongo Cement is set to be acquired by West China Cement for US$104m, following an agreement made on 3 January."

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