# Inicia to acquire Gerdau's shares in Gerdau Diaco and related companies

Inicia announced the acquisition of all Gerdau's shares in Gerdau Diaco, Gerdau Metaldom, Cyrgo, and Kbina through its construction materials investment fund. The deal requires regulatory approval in Colombia.

- Type: Acquisition
- Announced: 2024-01-18
- Where: Colombia
- Status: announced
- Products: steel products, construction materials
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Gerdau](https://endata.com/companies/16353.md) (partner)
- [Gerdau](https://endata.com/companies/16353.md) (target)
- [Inicia](https://endata.com/companies/75089.md) (acquirer)
- [Gerdau Diaco](https://endata.com/companies/75090.md) (target)
- [Gerdau Metaldom](https://endata.com/companies/75091.md) (target)
- [Cyrgo](https://endata.com/companies/75092.md) (target)
- [Kbina](https://endata.com/companies/75093.md) (target)

## Sources

- [portafolio.co](https://www.portafolio.co/negocios/empresas/inicia-comprara-acciones-de-gerdau-y-fortalecera-marca-diaco-en-america-latina-596278), 2024-01-18: "Inicia anunció la adquisición de la totalidad de las acciones de Gerdau en Gerdau Diaco, Gerdau Metaldom, Cyrgo y Kbina, a través de su fondo de inversión enfocado en la industria de materiales de construcción."
- [eltiempo.com](https://www.eltiempo.com/economia/sectores/inicia-anuncio-compra-de-acciones-de-gerdau-en-gerdau-diaco-849303), 2024-01-29: "Inicia anunció la adquisición de la totalidad de las acciones de Gerdau en Gerdau Diaco, Gerdau Metaldom, Cyrgo y Kbina."

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