Holcim and Cemex close series of European deals

By

Swiss cement maker Holcim said on Monday it had closed a series of transactions with Mexico's Cemex in Europe.

Holcim acquired Cemex's operations in western Germany and the Netherlands while the Mexican group acquired all of Holcim's assets in the Czech Republic.

Cemex also paid Holcim 45 million euros ($53.81 million) in cash for two cement operations in Spain.

These transactions are separate from a series of assets that Holcim must sell in order to secure regulatory approval for its merger with France's Lafarge.

Tags
Switzerland, Mexico, Germany, Netherlands, France
Join the Discussion
More Business
Alan Harrison

Alan Harrison: From Naval Officer to Legal Innovator at Sandollar Business & Intellectual Property Law

Thieves Break Into California Wig Shop, Make Off with Dozens

Thieves Break Into California Wig Shop, Make Off with Dozens of Hair Pieces Made for Women with Cancer

What Happens When the IRS Issues a Levy on Your Assets?

What Happens When the IRS Issues a Levy on Your Assets?

IRS Hits $1 Billion Mark in Recovering Back Taxes from High-Income Taxpayers Under Biden’s IRA

IRS Hits $1 Billion Mark in Recovering Back Taxes from High-Income Taxpayers Under Biden’s IRA

Real Time Analytics