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New Deal


Announced

Completed

Holcim completed the acquisition of Teko Mining.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Serbia

aggregates

Majority

Single Bidder

Completed

Building Materials: Other

Cross Border

Acquisition

Private

Friendly

Synopsis

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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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