HeidelbergCement to acquire 68% stake in Tanga Cement

HeidelbergCement signed an agreement to acquire 68% of shares in Tanzanian cement producer Tanga Cement, securing a limestone quarry and a 1.3Mta cement plant. Closing is expected in Q2 2022.

“HeidelbergCement has signed an agreement to acquire 68 per cent of the shares in the Tanzanian cement producer Tanga Cement.”cemnet.com

• 1 source
• cemnet.comHeidelbergCement agrees to 68% stake in Tanga CementICR NewsroomOct 27, 2021

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