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Votorantim Cimentos in talks to buy majority stake in McInnis Cement · Endata

◂ Announcements

Sep 2, 2020ACQUISITIONCanada

Votorantim Cimentos in talks to buy majority stake in McInnis Cement

Brazil-based Votorantim Cimentos is in discussions with Caisse de dépôt et placement du Québec (CDPQ) to acquire its majority stake in McInnis Cement in Canada. The stake has been for sale since January 2020.

Status

Rumored

Productscement

CompaniesCaisse de dépôt et placement du Québec target Votorantim Cimentos acquirer McInnis Cement target

Sectors#Construction Materials

“Quebecers have already invested a lot in the cement plant.”globalcement.com

1 source
globalcement.comVotorantim Cimentos considering buying majority stake in McInnis Cement - Cement Sector News - Global CementGlobal Cement staffSep 2, 2020

Summarized from public sources; check the original articles before acting on it.

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