◂ Announcements

Jun 4, 2021ACQUISITIONLithuania, Lithuania

Schwenk Zement receives clearance to increase Akmenes Cement stake to 97%

The Lithuanian Competition Council has permitted Germany-based Schwenk Zement to increase its stake in Akmenes Cement to 97% from 47%, and also approved acquisitions of Kalcitas, Cemeka, and Lanku Bokstai.

Status

Announced

Productscementlimestoneclaybuilding materials

CompaniesSchwenk Zement acquirer Akmenes Cement target Kalcitas target Cemeka target Lanku Bokstai target

Sectors#Construction Materials

“The Lithuanian Competition Council has permitted Germany-based Schwenk Zement to increase its stake in Akmenes Cement to 97% from 47%.”globalcement.com

1 source
globalcement.comSchwenk Zement receives clearance to increase Akmenes Cement stake to 97% - Cement Sector News - Global CementGlobal Cement staffJun 4, 2021

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