# Hungarian government seeks acquisition of Duna Dráva Cement and Holcim Magyarország

The Hungarian government has initiated negotiations to acquire Duna Dráva Cement and Holcim Magyarország, according to the Hungarian National Professional Association of Construction Contractors. However, Duna Dráva Cement's owners stated they are not negotiating its sale, and Holcim declined to comment.

- Type: Acquisition
- Announced: 2023-05-24
- Where: Hungary
- Status: rumored
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Duna Drava Cement](https://endata.com/companies/23170.md) (target)
- [Government of Hungary](https://endata.com/companies/36221.md) (acquirer)
- [Holcim Magyarország](https://endata.com/companies/70456.md) (target)

## Sources

- [globalcement.com](https://globalcement.com/news/16430-hungarian-government-seeks-acquisition-of-duna-drava-cement-and-holcim-magyarorszag), 2023-05-24: "The Hungarian National Professional Association of Construction Contractors (ÉVOSZ) has claimed that the government of Hungary has initiated negotiations to acquire Duna Dráva Cement and Holcim Magyarország."

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