Taiwan Cement acquires 40% stake in OYAK Çimento for $640 million

Taiwan Cement Corporation (TCC) purchased a 40% stake in OYAK Çimento A.Ş. for USD 640 million, valuing the company at USD 1.6 billion. The partnership aims to enter new international markets.

“Taiwan Cement Corporation (TCC), one of the biggest cement producers in the Far East and OYAK have established a partnership to combine their forces on the international cement market.”oyka.com.tr

• 1 source
• oyka.com.trTÜRKİYE ÇİMENTO TARİHİNDE BİR İLK - OYAK ÇimentoFeb 2, 2021

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