# Elementia pays final $45M for 47% stake in Cementos Fortaleza

Mexican construction group Elementia paid the final $45 million installment for a 47% stake in Mexican cement producer Cementos Fortaleza from LafargeHolcim.

- Type: Acquisition
- Announced: 2021-10-19
- Where: Mexico
- Value: $45.0M
- Status: completed
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [LafargeHolcim Group](https://endata.com/companies/19905.md) (partner)
- [Elementia](https://endata.com/companies/20375.md) (acquirer)
- [Cementos Fortaleza](https://endata.com/companies/27488.md) (target)

## Sources

- [indiancementreview.com](https://indiancementreview.com/2021/10/elementia-pays-remaining-45m-for-cementos-fortaleza/), 2021-10-19: "Elementia has paid the final $45 million installment for the acquisition of a 47 per cent stake in Mexican cement producer Cementos Fortaleza from Switzerland's LafargeHolcim."

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