Loading…
China National Building Material Group, through its subsidiary Sinoma Cement and China-Africa Development Fund, completed the acquisition of 100% of Tunisian cement company SOCIÉTÉ LES CIMENTS DE JBEL OUST.
A group under China National Building Material Group agreed to buy Tunisian cement production facilities from Votorantim Cimentos' Spanish unit for up to USD145 million via a UAE SPV. The deal is pending regulatory approvals.