# 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.

- Type: Acquisition
- Announced: 2025-05-01
- Where: Ras Al Khaimah, United Arab Emirates
- Status: completed
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Buzzi Unicem](https://endata.com/companies/25033.md) (investor)
- [TC Mena Holdings Ltd](https://endata.com/companies/84476.md) (acquirer)
- [Gulf Cement Company PSC](https://endata.com/companies/84477.md) (target)

## Sources

- [bakermckenzie.com](https://www.bakermckenzie.com/en/newsroom/2025/05/gulf-cement-company-psc-on-mandatory-cash-tender-offer), 2025-05-01: "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."

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