# Holcim to sell 65% stake in Mbeya Cement in Tanzania to Amsons Group

Holcim signed an agreement to sell its 65% participation in Mbeya Cement Company Ltd in Tanzania to Amsons Group for an undisclosed sum.

- Type: Acquisition
- Announced: 2023-11-14
- Where: Tanzania
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Holcim](https://endata.com/companies/15354.md)
- [Amsons Group](https://endata.com/companies/73773.md) (acquirer)
- [Mbeya Cement Company](https://endata.com/companies/73774.md) (target)

## Sources

- [holcim.com](https://www.holcim.com/media/media-releases/uganda-tanzania-divestment), 2023-11-14: "Holcim has also agreed to sell its 65% participation in Mbeya Cement Company Ltd in Tanzania to Amsons Group for an undisclosed sum."

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