Huaxin Cement to acquire Lafarge plants in Zambia and Malawi for $160M

Huaxin Cement's board approved the acquisition of Lafarge Zambia Plc and Lafarge Cement Malawi Ltd for a total enterprise value of US$160 million. The deal will add 1.75 million tons of annual cement capacity in Africa.

“Huaxin Cement to acquire Lafarge plants in Zambia and Malawi and related businesses for US$160 million.”invt.com

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• invt.comHuaxin Cement to acquire Lafarge plants in Zambia and Malawi | INVT ElectricJun 30, 2021

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