# Unacem to acquire Cementos La Unión Chile for $23M

Peru-based Unión Andina de Cementos (Unacem) has signed a contract to acquire Cementos La Unión Chile from Inversiones Mel 20 Limitada and Spain-based Cementos La Unión for US$23 million. The deal includes a 300,000t/yr grinding plant and a concrete plant in Chile.

- Type: Acquisition
- Announced: 2020-12-18
- Where: San Antonio, Chile, Chile
- Value: $23.0M
- Status: announced
- Capacity: 300,000 t/yr grinding plant
- Products: cement, concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Unión Andina de Cementos](https://endata.com/companies/52009.md) (acquirer)
- [Cementos La Unión Chile](https://endata.com/companies/52010.md) (target)
- [Cementos La Unión](https://endata.com/companies/52011.md) (partner)

## Sources

- [globalcement.com](https://www.globalcement.com/news/12439-union-andina-de-cementos-to-acquire-cementos-la-union-chile), 2020-12-18: "The value of the deal is US$23m."

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