Sinoma International to acquire Beijing Kaisheng, Nanjing Kaisheng and Sinoma Mining for ~$5.7B

Sinoma International, a subsidiary of China National Building Material Group, agreed to acquire Beijing Kaisheng, Nanjing Kaisheng and Sinoma Mining for about CNY 36.76 billion ($5.7 billion) to resolve competition in the cement engineering business.

“重组有利于整合优质资源，巩固该公司在水泥工程行业的领先地位”beta.zhitongcaijing.com

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• beta.zhitongcaijing.com中国建材(03323)：中材国际以约36.76亿元收购北京凯盛、南京凯盛及中材矿山以解决在水泥工程业务板块的同业竞争问题Feb 9, 2021

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