# Votorantim Cimentos and CDPQ combine North American cement operations

Votorantim Cimentos and CDPQ completed the combination of their North American cement assets, with Votorantim holding 83% and CDPQ 17% of the new entity, which includes St. Marys Cement and McInnis Cement.

- Type: Acquisition
- Announced: 2021-04-30
- Where: Canada and United States, Canada
- Status: completed
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Votorantim Cimentos](https://endata.com/companies/15414.md)
- [Caisse de dépôt et placement du Québec](https://endata.com/companies/322.md) (investor)
- [Caisse de dépôt et placement du Québec](https://endata.com/companies/322.md) (partner)
- [Votorantim Cimentos](https://endata.com/companies/15414.md) (acquirer)
- [McInnis Cement](https://endata.com/companies/19872.md) (target)
- [St. Marys Cement](https://endata.com/companies/51781.md) (target)
- [Cimenterie McInnis](https://endata.com/companies/54816.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/votorantim-cimentos-and-cdpq-close-transaction-to-combine-cement-operations-in-north-america-301281250.html), 2021-04-30: "Votorantim Cimentos and Caisse de dépôt et placement du Québec (CDPQ) announced today that they have completed the transaction to combine cement operations in North America."
- [ici.radio-canada.ca](https://ici.radio-canada.ca/nouvelle/1789436/cimenterie-mcinnis-votorantims-cimentos-transaction-biomasse-dechets), 2021-04-30: "L'usine de Port-Daniel-Gascons est fantastique, c'est très efficace et nous croyons qu'avec nos connaissances techniques acquises depuis plus 100 ans, on va améliorer les résultats de Ciment McInnis."
- [cemnet.com](https://www.cemnet.com/News/story/170718/votorantim-cimentos-commences-mcinnis-cement-integration.html), 2021-05-04: "Votorantim Cimentos and Caisse de dépôt et placement du Québec have announced that they have completed the transaction to combine cement operations in North America."

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