◂ Announcements

Apr 24, 2025ACQUISITIONEkala, Sri Lanka

Dhammika Perera acquires controlling stake in DHT Cement for $20M

Dhammika Perera, through his investment company Valible X, acquired a 51% stake in DHT Cement for $8 million and injected an additional $12 million via new shares, totaling $20 million. The plant is located in Ekala, Sri Lanka.

Value

$20.0M

Status

Completed

ProductsOrdinary Portland CementPowerTech Premium Cement

CompaniesValible X acquirer DHT Cement target

Sectors#Construction Materials

“Sri Lankan business magnate Dhammika Perera has made a major foray into the cement industry, acquiring a controlling 51% stake in DHT Cement.”themorningtelegraph.com

1 source
themorningtelegraph.comDhammika Perera Enters Cement Industry -The Morning TelegraphApr 24, 2025

Summarized from public sources; check the original articles before acting on it.

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