Sinai Cement

Activity by year

20222023202420252026

Acquisition

Apr 14, 2022ACQUISITIONEgypt$20.2M
Vicat Cement Egypt to acquire remaining stake in Sinai Cement
Vicat Cement Egypt has received approval from the Financial Regulatory Authority to acquire a 42.12% stake in Sinai Cement Co at EGP6.74 per share, increasing its ownership to 100%.
Sinai Cement target Vicat Cement Egypt acquirer #Construction Materials cemnet.com
Apr 13, 2022ACQUISITIONEgypt
Vicat to buy additional 42% stake in Sinai Cement
Vicat plans to buy another 42% stake in Sinai Cement, which would bring its ownership to 98% of the Egyptian company. A settlement agreement was signed in March 2022 between the Egyptian government and Vicat, resolving a previous investment dispute.
Vicat acquirer Sinai Cement target #Construction Materials globalcement.com

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Sinai Cement: plants, expansions, contracts and acquisitions · Endata