M&A Deal Summary

Suez Cement Company SAE Acquires ASEC Cement Company S.A.E.

On August 1, 2005, Suez Cement Company SAE acquired construction company ASEC Cement Company S.A.E.

Acquisition Highlights
  • This is Suez Cement Company SAE’s 1st transaction in the Construction sector.
  • This is Suez Cement Company SAE’s 1st transaction in Egypt.

M&A Deal Summary
Date 2005-08-01
Target ASEC Cement Company S.A.E.
Sector Construction
Buyer(s) Suez Cement Company SAE
Deal Type Add-on Acquisition
Advisor(s) EFG Hermes Holding SAE (Financial)

Target

ASEC Cement Company S.A.E.

Cairo, Egypt
ASEC CEMENT is a platform for investments in emerging cement markets in the Middle East and North Africa Region.

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Buyer(S) 1

Buyer

Suez Cement Company SAE

Cairo, Egypt
Category Company
Founded 1977
Sector Construction
DESCRIPTION

Suez Cement is one of the largest cement producers in Egypt.

DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Egypt) 1 of 1
Year (2005) 1 of 1
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