# Votorantim Cimentos to acquire Cementos Balboa in Spain

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.

- Type: Acquisition
- Announced: 2021-06-30
- Where: Alconera, Spain, Spain
- Status: announced
- Capacity: 1.6Mta
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Votorantim Cimentos](https://endata.com/companies/15414.md) (acquirer)
- [Cementos Balboa](https://endata.com/companies/56148.md) (target)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/171011/votorantim-cimentos-set-to-acquire-cementos-balboa.html), 2021-06-30: "This transaction, which I am pleased to announce today, exemplifies our growth and positioning strategy in Spain, strengthening our current footprint in the country."

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