Announced

Sisecam to acquire a 60% stake in Ciner Resources from Ciner Group for $450m.

Synopsis

Sisecam, a glass manufacturer, agreed to acquire a 60% stake in Ciner Resources, a natural soda ash producer, from Ciner Group, holding company for Ciner Resources, for $450m. “With the extra capacity … we are expected to be one of the most powerful players in the natural sodium carbonate field, which we believe will be one of the sectors of the future,” Ahmet Kirman, Sisecam President.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US