# Mikhailovsky Combine of Building Materials acquires EUROCEMENT Group from Sberbank

Mikhailovsky Combine of Building Materials (MKSM) completed the acquisition of shares of the parent company and debt of EUROCEMENT Group from Sberbank for RUB 161 billion.

- Type: Acquisition
- Announced: 2021-07-18
- Where: Russia
- Status: completed
- Products: building materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Eurocement](https://endata.com/companies/22251.md) (target)
- [Mikhailovsky Combine of Building Materials](https://endata.com/companies/56529.md) (acquirer)
- [Sberbank](https://endata.com/companies/56530.md) (partner)

## Sources

- [en.jcement.ru](https://en.jcement.ru/content/news/mikhailovsky-combine-of-building-materials-completed-the-deal-to-purchase-shares-of-the-parent-compa/), 2021-07-18: "The purchase of shares in the parent company and the debt of EUROCEMENT Group of Companies became a unique transaction on the Russian market in terms of size and structure"

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