Announced

Completed

Holcim completed the acquisition of Teko Mining.

Synopsis

Holcim, a Swiss-based global building materials and aggregates flagship division, completed the acquisition of Teko Mining, a Serbian-based producer of aggregates. Financial terms were not disclosed. "Teko complements our existing cement and concrete operations perfectly, allowing us to add aggregates and asphalt as part of our integrated offer in this highly dynamic market,” Miljan Gutovic, Holcim regional head for Europe and Middle East Africa.

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