# Heidelberg Materials acquires Votorantim Cimentos assets in Morocco

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.

- Type: Acquisition
- Announced: 2024-09-13
- Where: Northern region of Morocco, Morocco
- Status: announced
- Capacity: 1.4 million tonnes of cement per year
- Products: cement, ready-mixed concrete, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Votorantim Cimentos](https://endata.com/companies/15414.md)
- [Votorantim Cimentos](https://endata.com/companies/15414.md) (target)
- [Heidelberg Materials](https://endata.com/companies/15605.md) (acquirer)
- [Ciments du Maroc](https://endata.com/companies/40940.md) (partner)
- [Asment de Témara](https://endata.com/companies/79797.md) (target)
- [Grabemaro](https://endata.com/companies/79798.md) (target)

## Sources

- [heidelbergmaterials.com](https://www.heidelbergmaterials.com/en/pr-2024-09-13), 2024-09-13: "Heidelberg Materials has signed a strategic agreement to acquire Votorantim Cimentos’ assets in Morocco."
- [votorantimcimentos.com](https://www.votorantimcimentos.com/news/votorantim-cimentos-divests-business-in-morocco/), 2024-09-13: "Votorantim Cimentos signed today an agreement for the full sale of its partnership in Morocco with all assets located in the country to Heidelberg Materials."

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