# Spanish competition authority clears Cimsa's acquisition of Cemex's white cement divisions

The Spanish Competition Authority (CNMC) has cleared, with remedies, the acquisition of Cemex's white cement divisions by Cimsa after a fourteen-month investigation.

- Type: Acquisition
- Announced: 2020-09-24
- Where: Spain, Spain
- Value: $180.0M
- Status: announced
- Products: white cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cemex](https://endata.com/companies/16140.md) (partner)
- [Cemex](https://endata.com/companies/16140.md) (target)
- [Çimsa](https://endata.com/companies/24351.md) (acquirer)

## Sources

- [cnmc.es](https://www.cnmc.es/prensa/cnmc-aprueba-compromisos-%C3%A7imsa-negocio-cemento-blanco-cemez-20200930), 2020-09-30: "La CNMC ha acordado la aprobación de la adquisición por parte de Çimsa... del negocio de cemento blanco de CEMEX"
- [concurrences.com](https://concurrences.com/en/bulletin/news-issues/september-2020/the-spanish-competition-authority-clears-with-remedies-a-merger-in-the-cement), 2020-09-30: "the CNMC has cleared in phase II the acquisition of Cemex' white cement divisions by Cimsa subject to…"
- [concurrences.com](https://www.concurrences.com/en/bulletin/news-issues/september-2020/the-spanish-competition-authority-clears-with-remedies-and-monitoring), 2020-10-05: "The CNMC has cleared in phase II the acquisition of Cemex’ white cement divisions by Çimsa subject to conditions."
- [globalcement.com](https://www.globalcement.com/news/analysis/12126-cimsa-targets-white-cement), 2020-10-07: "The move coincides with regulatory approval from the Comisión Nacional de los Mercados y la Competencia (CNMC) for Çimsa’s purchase of Cemex’s white cement business in Spain, including its integrated Buñol white cement plant, for around US$180m."

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