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Votorantim Cimentos, through its Spanish subsidiary Corporación Noroeste, has entered into an agreement to fully acquire Cementos Balboa, which operates an integrated cement plant in Alconera, Spain, with 1.6Mta capacity. The transaction is subject to regulatory approval.
“This transaction, which I am pleased to announce today, exemplifies our growth and positioning strategy in Spain, strengthening our current footprint in the country.”cemnet.com
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