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Taiwan Cement completes investment in Turkish and Portuguese cement operations · Endata

◂ Announcements

Mar 7, 2024ACQUISITIONLisbon, Portugal

Taiwan Cement completes investment in Turkish and Portuguese cement operations

Taiwan Cement completed the acquisition of additional 20% stake in its Turkish joint venture and 60% stake in Portugal's Cimpor, investing EUR 621 million, making it a major European low-carbon cement supplier.

Value

$675.0M (621.0M EUR)

Status

Completed

Productslow-carbon cement

CompaniesTaiwan Cement acquirer Cimpor target OYAK partner Cimpor Portugal target

Sectors#Construction Materials

“台泥正式成為歐洲低碳水泥的主要供應商之一。”esg.businesstoday.com.tw

2 sources
esg.businesstoday.com.tw台泥正式成為歐洲低碳水泥供應商！土耳其、葡萄牙營收3月併入合－ESG永續台灣Mar 7, 2024
globalcement.comTaiwan Cement Corporation completes acquisition of Cimpor Portugal - Cement Sector News - Global CementGlobal Cement staffMar 7, 2024

Summarized from public sources; check the original articles before acting on it.

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Jan 3, 2024ACQUISITIONPortugal$528.0M
Taiwan Cement Corporation acquires 100% of Cimpor
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Nov 29, 2023ACQUISITIONTürkiye$810.0M
Taiwan Cement to take control of OYAK's cement business and fully acquire Cimpor
Taiwan Cement acquirer Cimpor target globalcement.com
Nov 27, 2023ACQUISITIONTürkiye$2.29B
TCC to increase stake in OYAK Cement via Cimpor and Denizli Cement deals
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Apr 19, 2021ACQUISITIONItaly$158.0M
Taiwan Cement acquires 60.48% stake in ENGIE EPS for EUR 132 million
Engie partner Taiwan Cement acquirer newswire.ca
Apr 6, 2021NEW FACILITYKaohsiung, TWN$350.0M
Taiwan Cement to build NT$10 billion super battery factory in Kaohsiung
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Feb 2, 2021ACQUISITIONTürkiye$640.0M
Taiwan Cement acquires 40% stake in OYAK Çimento for $640 million
Taiwan Cement acquirer OYAK Cimento AS target oyka.com.tr

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