# CNBM cement business integration into Xinjiang Tianshan Cement completed

CNBM Group has completed the integration of its cement businesses into Xinjiang Tianshan Cement Co., Ltd., injecting 100% equity of China United Cement, 99.93% of South Cement, 95.72% of Southwest Cement and 100% of Sinoma Cement. The transaction scale was 98.1 billion yuan, creating a cement giant with the largest business scale in the world.

- Type: Acquisition
- Announced: 2021-11-01
- Where: Beijing, China
- Value: $15.4B (98.1B CNY)
- Status: completed
- Capacity: clinker capacity of about 300 million tons, commercial concrete capacity of about 400 million cubic meters, aggregate capacity of about 150 million tons
- Products: cement, commercial concrete, aggregate
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [CNBM](https://endata.com/companies/24322.md)
- [Southwest Cement](https://endata.com/companies/32700.md) (target)
- [China United Cement](https://endata.com/companies/42357.md) (target)
- [Xinjiang Tianshan Cement Co., Ltd.](https://endata.com/companies/48817.md) (acquirer)
- [Sinoma Cement](https://endata.com/companies/48942.md) (target)
- [South Cement](https://endata.com/companies/48943.md) (target)

## Sources

- [cnbmltd.com](http://www.cnbmltd.com/art/2022/3/9/art_1265_70474.html), 2022-03-09: "The integration will give birth to a listed cement giant with the largest business scale in the world and a market value of over 100 billion yuan."

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