Announced
Synopsis
LaFargeHolcim, Europe’s biggest cement maker acquires Somaco Group, one of Romania’s largest precast concrete producers. Financial terms were not disclosed. The transaction is subject to regulatory approvals and is expected to close in Q4 2019. "This is our sixth bolt-on acquisition this year and we are delivering on our commitment to further develop our Solutions & Products business segment as part of Strategy 2022 – ‘Building for Growth’. The acquisition enables LafargeHolcim to enter Romania’s fast-growing precast concrete market and to become an integrated solutions provider for our local customers.” Jan Jenisch, LafargeHolcim CEO.
Principals
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.