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Heidelberg Materials, via its subsidiary Ciments du Maroc, has signed an agreement to acquire Votorantim Cimentos' assets in Morocco, including a 63% stake in Asment de Témara and 100% of Grabemaro. The acquisition includes a cement plant with 1.4 million tonnes annual capacity, two aggregates sites, and eight ready-mixed concrete plants.
“Heidelberg Materials has signed a strategic agreement to acquire Votorantim Cimentos’ assets in Morocco.”heidelbergmaterials.com
Summarized from public sources; check the original articles before acting on it.