# Votorantim Cimentos to sell Tunisian assets to Sinoma Cement for $130M

Votorantim Cimentos signed an agreement to sell its Tunisian assets to China-based Sinoma Cement for US$130 million. The deal is subject to regulatory approvals.

- Type: Acquisition
- Announced: 2024-07-26
- Where: Tunisia, Tunisia
- Value: $130.0M
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Votorantim Cimentos](https://endata.com/companies/15414.md) (partner)
- [Votorantim Cimentos](https://endata.com/companies/15414.md) (target)
- [China National Building Material Group](https://endata.com/companies/20207.md) (investor)
- [Sinoma Cement](https://endata.com/companies/48942.md) (acquirer)

## Sources

- [globalcement.com](https://www.globalcement.com/news/18304-votorantim-cimentos-to-sell-tunisian-assets-to-sinoma-cement), 2024-07-29: "All of Votorantim Cimentos' plants and offices in Tunisia will continue to operate as usual during the regulatory review."
- [cbmma.com.cn](https://www.cbmma.com.cn/cma/detail.html?contentId=853&id=82), 2024-09-20: "沃特兰亭水泥宣布签署协议，将其在突尼斯的资产全部出售给中材水泥有限责任公司。"

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