Announced

Completed

Buzzi completed the remaining stake in Gulf Cement in a $70m deal.

Synopsis

Buzzi, a company produces cement, ready-mix concrete, and construction aggregates, completed the acquisition of remaining stake in Gulf Cement, a cement producer, in a $70m deal. "The offer was launched on 13 March 2025 and successfully completed on 8 May 2025, resulting in TC Mena acquiring approximately 63% of GCC's issued share capital," Baker Mckenzie statement.

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MergerLinks - Buzzi completed the remaining stake in Gulf Cement in a $70m deal.