# Indocement signs agreement to acquire PT Semen Grobogan

PT Indocement Tunggal Prakarsa Tbk. signed an agreement to acquire all shares of PT Semen Grobogan, a cement plant in Grobogan Regency, Central Java, with a production capacity of 1.8 million tons of clinker and 2.5 million tons of cement per year.

- Type: Acquisition
- Announced: 2023-10-18
- Where: Grobogan Regency, Central Java, Indonesia
- Status: announced
- Capacity: 1.8 million tons of clinker and 2.5 million tons of cement per year
- Products: clinker, cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [PT Semen Grobogan](https://endata.com/companies/73617.md) (target)
- [PT Indocement Tunggal Prakarsa](https://endata.com/companies/73662.md) (acquirer)

## Sources

- [indocement.co.id](https://www.indocement.co.id/en/press-release/indocement-signed-agreement-to-acquire-pt-semen-grobogan-oct-23), 2023-10-18: "Indocement signed an agreement to acquire PT Semen Grobogan, with a summary of the information as follows:"

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