TC Mena Holdings acquires 63% of Gulf Cement Company

TC Mena Holdings Ltd, a subsidiary of Italy's Buzzi Unicem, completed a mandatory cash tender offer to acquire up to 100% of Gulf Cement Company PSC, resulting in ownership of approximately 63% of GCC's issued share capital.

“The offer was launched on 13 March 2025 and successfully completed on 8 May 2025, resulting in TC Mena acquiring approximately 63% of GCC's issued share capital.”bakermckenzie.com

• 1 source
• bakermckenzie.comBaker McKenzie Represents Gulf Cement Company PSC on Mandatory Cash Tender Offer | Newsroom | Baker McKenzieMay 1, 2025

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