M&A Deal Summary

Cementir Holding Acquires Compagnie des Ciments Belges S.A.

On July 25, 2016, Cementir Holding acquired building materials company Compagnie des Ciments Belges S.A. from HeidelbergCement for 312M EUR

Acquisition Highlights
  • This is Cementir Holding’s 3rd transaction in the Building Materials sector.
  • This is Cementir Holding’s largest (disclosed) transaction.
  • This is Cementir Holding’s 1st transaction in Belgium.

M&A Deal Summary

Date 2016-07-25
Target Compagnie des Ciments Belges S.A.
Sector Building Materials
Buyer(s) Cementir Holding
Sellers(s) HeidelbergCement
Deal Type Divestiture
Deal Value 312M EUR

Target

Compagnie des Ciments Belges S.A.

Gaurain-Ramecroix, Belgium
Compagnie des Ciments Belges S.A. is a producer of different kinds of cement, aggregates, and ready-to-use concrete.

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Buyer(S) 1

Buyer

Cementir Holding

Rome, Italy

Category Company
Founded 1947
Sector Building Materials
Employees3,070
DESCRIPTION

Cementir Holding S.p.A. is an Italian multinational that produces and distributes white and gray cement, concrete, aggregates and cement. Company manufactures and distributes worldwide all types of gray cement, the type I (Portland cement) to type V (composite) and is the world leader in the production of white cement, with installed capacity of about 3.3 million tonnes per 'year and production plants in Denmark, Egypt.


DEAL STATS #
Overall 3 of 3
Sector (Building Materials) 3 of 3
Type (Divestiture) 3 of 3
Country (Belgium) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-12 Unicon A/S

Copenhagen, Denmark

Unicon A/S which produce and market cement and ready-mixed concrete.

Buy -

Seller(S) 1

SELLER

HeidelbergCement

Heidelberg, Germany

Category Company
Founded 1873
Sector Building Materials
Employees50,780
Revenue 21.2B EUR (2023)
DESCRIPTION

HeidelbergCement is a German multinational building materials company headquartered in Heidelberg, Germany. HeidelbergCement a market leader in aggregates and a prominent player in the fields of cement, concrete and other downstream activities, making it one of the world’s largest manufacturers of building materials. HeidelbergCement was founded in 1873 and is based in Heidelberg, Germany.


DEAL STATS #
Overall 4 of 6
Sector (Building Materials) 4 of 6
Type (Divestiture) 4 of 6
Country (Belgium) 1 of 1
Year (2016) 1 of 2
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-03 HeidelbergCement - Lime Business

Germany

HeidelbergCement - Lime Business comprised two lime plants in Germany, the Walhalla Kalkwerk in Regensburg, Bavaria and Kalkwerk Istein in Istein, Baden-Württemberg. Both lime plants were modernised in recent years with modern kiln technology.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-18 HeidelbergCement AG - Cement Plant Assets

Germany

HeidelbergCement AG - Cement Plant Assets comprises Martinsburg, West Virginia cement plant and eight related terminals.

Sell $660M