Votorantim Cimentos and McInnis Cement combine North American operations
St. Marys Cement (a Votorantim Cimentos subsidiary) and McInnis Cement will combine their North American assets into a joint venture, with Votorantim Cimentos International holding 83% and CDPQ holding 17%.
Productscement
“The business combination is expected to significantly strengthen the strategic positioning of the combined operations through increased cement production capacity, operational efficiencies and an enhanced distribution network.”prnewswire.com
- 4 sources
- prnewswire.comVotorantim Cimentos and McInnis Cement to Combine Cement Operations in North AmericaCaisse de dépôt et placement du QuébecDec 10, 2020
- newswire.caVotorantim Cimentos and McInnis Cement to Combine Cement Operations in North AmericaDec 10, 2020
- votorantimcimentos.com.brVotorantim Cimentos e McInnis Cement combinam suas operações de cimento na América do NorteDec 10, 2020
- theglobeandmail.comCaisse cedes control of controversial cement plant to Brazil’s Votorantim - The Globe and MailNicolas Van PraetDec 10, 2020
Summarized from public sources; check the original articles before acting on it.
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