# SS Steel to acquire 75% stake in Southeast Union Ceramics

SS Steel Limited will acquire a 75% stake in Southeast Union Ceramics Industry Limited for Tk200 crore, subject to shareholder and regulatory approval.

- Type: Acquisition
- Announced: 2021-01-07
- Where: Bagerhat, Bangladesh
- Status: announced
- Products: ceramic tiles
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [SS Steel Limited](https://endata.com/companies/52373.md) (acquirer)
- [Southeast Union Ceramics Industry Limited](https://endata.com/companies/52374.md) (target)

## Sources

- [tbsnews.net](https://www.tbsnews.net/companies/ss-steel-acquire-southeast-union-ceramics-182413), 2021-01-07: "We want to buy the company following the approval of the shareholders as well as the regulators concerned."

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