# 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.

- Type: Acquisition
- Announced: 2020-09-02
- Where: Canada
- Status: rumored
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Caisse de dépôt et placement du Québec](https://endata.com/companies/322.md) (target)
- [Votorantim Cimentos](https://endata.com/companies/15414.md) (acquirer)
- [McInnis Cement](https://endata.com/companies/19872.md) (target)

## Sources

- [globalcement.com](https://www.globalcement.com/news/11974-votorantim-cimentos-considering-buying-majority-stake-in-mcinnis-cement), 2020-09-02: "Quebecers have already invested a lot in the cement plant."

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