# Unión Cementera Nacional to acquire Ecoluz

Ecuador's competition authority approved Unión Cementera Nacional's acquisition of all shares of power generator Ecoluz S.A. The deal gives UCEM exclusive control over Ecoluz's two hydroelectric plants to cover its cement production energy needs.

- Type: Acquisition
- Announced: 2024-05-01
- Where: Ecuador
- Status: completed
- Products: cement, concrete, clinker, lime, electricity
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Unión Cementera Nacional UCEM S.A.](https://endata.com/companies/77861.md) (acquirer)
- [Ecoluz S.A.](https://endata.com/companies/77862.md) (target)

## Sources

- [cronicaynoticias.com](https://cronicaynoticias.com/2024/06/04/la-superintendencia-de-competencia-economica-autorizo-a-union-cementera-nacional-la-adquisicion-de-ecoluz/), 2024-06-04: "La Comisión de Resolución de Primera Instancia de la SCE resolvió autorizar la operación de concentración económica notificada por Unión Cementera Nacional UCEM S.A."

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