# Kuvasoycement acquires 89.78% stake in Quartz JSC for 265 billion som

Kuvasoycement JSC acquired an 89.78% stake in Quartz JSC, Uzbekistan's largest producer of ground sheet glass and glassware, for 265 billion som, with an additional condition to cover Quartz's credit obligations of 47.2 million euros.

- Type: Acquisition
- Announced: 2023-02-13
- Where: Uzbekistan
- Status: completed
- Products: ground sheet glass, glassware, glass containers
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Kuvasoycement](https://endata.com/companies/68522.md) (acquirer)
- [Quartz JSC](https://endata.com/companies/68523.md) (target)

## Sources

- [moniq.uz](https://moniq.uz/en/journal/news/gosdolya-v-kompanii-kvarc-prodana-za-265-mlrd-sumov), 2023-02-13: "Following the tender results, the asset was acquired by Kuvasoycement JSC for 265 billion som."

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