Cementir acquires additional 25.40% stake in Sinai White Portland Cement for EUR 30 million

Cementir Holding N.V., through its subsidiary Aalborg Portland Holding A/S, acquired an additional 25.40% stake in Sinai White Portland Cement Co. from a Vicat Group subsidiary for about EUR 30 million, increasing its indirect ownership to 96.5%.

“Cementir Holding N.V. announces that its fully owned subsidiary Aalborg Portland Holding A/S has acquired an additional 25.40% stake in Sinai White Portland Cement Co. S.A.E. from Sinai Cement Company, a Vicat Group subsidiary, for about EUR 30 million.”cementirholding.com

• 2 sources
• cementirholding.comCementir acquires an additional 25.40% stake in its Egyptian subsidiary Sinai White Portland Cement Co. | Cementir Holding N.V.Aug 13, 2024
• cbmma.com.cn中国建材机械工业协会Sep 20, 2024

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