# Vicat and Koramic to combine tile and masonry activities

French cement manufacturer Vicat and Belgium's Koramic have agreed to merge their tile and masonry product activities, integrating Vicat's VPI subsidiary and Koramic's Cermix brand. The combined entity will have seven industrial sites in France and sales of close to EUR 200 million.

- Type: Acquisition
- Announced: 2024-10-02
- Where: France, France
- Value: $218.0M (200.0M EUR)
- Status: announced
- Capacity: 800,000 tonnes
- Products: tile and masonry setting products, adhesive mortar
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Vicat](https://endata.com/companies/16215.md)
- [Koramic](https://endata.com/companies/80204.md) (partner)

## Sources

- [uk.marketscreener.com](https://uk.marketscreener.com/quote/stock/VICAT-5009/news/Vicat-creation-of-a-joint-division-with-Belgium-s-Koramic-47983165/), 2024-10-02: "French cement manufacturer Vicat and Belgium's Koramic announced on Wednesday that they had reached an agreement to combine their respective tile and masonry product activities."

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