# SIG acquires 83.52% stake in Solusi Bangun Indonesia for IDR 10.99 trillion

PT Semen Indonesia (Persero) Tbk (SIG) officially acquired 83.52% of shares (7.53 billion shares) of PT Solusi Bangun Indonesia Tbk (SBI) from PT Semen Indonesia Industri Bangunan (SIIB) for IDR 10.99 trillion. SBI becomes a direct subsidiary of SIG.

- Type: Acquisition
- Announced: 2022-12-31
- Where: Jakarta, Indonesia
- Value: $700.0M (10990.0B IDR)
- Status: completed
- Capacity: 14.8 million tonnes of cement per year
- Products: cement, ready-mix concrete, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [PT Semen Indonesia Industri Bangunan](https://endata.com/companies/37230.md) (partner)
- [PT Solusi Bangun Indonesia](https://endata.com/companies/37390.md) (target)
- [PT Semen Indonesia (Persero) Tbk](https://endata.com/companies/67613.md) (acquirer)

## Sources

- [antaranews.com](https://www.antaranews.com/berita/3330468/sig-resmi-akuisisi-8352-persen-saham-solusi-bangun-indonesia), 2022-12-31: "Restrukturisasi tersebut bertujuan untuk memperkuat tata kelola SIG Group khususnya di bisnis semen."
- [en.antaranews.com](https://en.antaranews.com/news/268125/sig-acquires-8352-stake-in-sbi), 2022-12-31: "The share acquisition is aimed at restructuring and strengthening SIG Group's governance, especially in the cement business."

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