# Ube Industries and Mitsubishi Materials form joint venture for cement and construction materials

The European Commission approved the joint control of a newly created joint venture by Ube Industries and Mitsubishi Materials, which will be active in cement, ceramic products, and construction materials.

- Type: Acquisition
- Announced: 2021-01-25
- Status: announced
- Products: cement, ceramic products, construction materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Mitsubishi Materials](https://endata.com/companies/8627.md) (partner)
- [UBE Industries Ltd](https://endata.com/companies/21995.md) (partner)

## Sources

- [plataformaptec.es](https://plataformaptec.es/noticias/la-comision-autoriza-el-control-conjunto-de-una-nueva-empresa-creada-por-ube-industries-y-mitsubishi-materials-japon/), 2021-01-25: "The Commission concluded that the proposed acquisition would raise no competition concerns."

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