# CSN acquires Elizabeth Cimentos for BRL 1.08 billion

Companhia Siderúrgica Nacional (CSN), through its subsidiary CSN Cimentos, has reached an agreement to acquire Elizabeth Cimentos for BRL 1.08 billion (US$214 million), boosting its cement capacity in northeast Brazil by 1.3 Mt/y to around 6 Mt/y.

- Type: Acquisition
- Announced: 2021-07-02
- Where: northeast Brazil, Brazil
- Value: $214.0M (1.08B BRL)
- Status: announced
- Capacity: 1.3 Mt/y cement capacity
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Companhia Siderúrgica Nacional](https://endata.com/companies/15067.md) (acquirer)
- [CSN Cimentos](https://endata.com/companies/15459.md) (acquirer)
- [Elizabeth Cimentos](https://endata.com/companies/56226.md) (target)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/171026/csn-confirms-acquisition-of-elizabeth-cimentos.html), 2021-07-02: "The deal has been made through its subsidiary, CSN Cimentos, and will boost its cement capacity in the northeast of the country by 1.3Mta, bringing it to around 6Mta in total."

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