Asment de Témara

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Acquisition

Sep 13, 2024ACQUISITIONNorthern region of Morocco, Morocco
Heidelberg Materials acquires Votorantim Cimentos assets in Morocco
Heidelberg Materials, via its subsidiary Ciments du Maroc, has signed an agreement to acquire Votorantim Cimentos' assets in Morocco, including a 63% stake in Asment de Témara and 100% of Grabemaro. The acquisition includes a cement plant with 1.4 million tonnes annual capacity, two aggregates sites, and eight ready-mixed concrete plants.
Votorantim Cimentos Votorantim Cimentos target Heidelberg Materials acquirer Ciments du Maroc partner Asment de Témara target Grabemaro target #Construction Materials heidelbergmaterials.com votorantimcimentos.com

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Asment de Témara: plants, expansions, contracts and acquisitions · Endata