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Balfour acquires Parsons Brinckerhoff 23 September 2009 acquires Parsons Brinckerhoff for ┬ú380 million and more market deals may follow. (CW Group) In a surprising move, an acquisition deal between Balfour and Parsons Brinckerhoff emerged for ┬ú380 million. Although many city experts and analysts did not... Type: Article Category: Mergers & Acquisitions Chinese seek quarrying business in Eastern Europe 17 September 2009 Business Europe reports that the conglomerate has yet to be named and specific operations have yet to be targeted for an acquisition, it is believed that purchasing operations in the area will allow these firms to ÔÇ£be able to provide a highly... Type: Article Category: Markets & Competition Votorantim looking for acquisitions 16 September 2009 Brazil's Votorantim Cimentos is actively looking for international acquisition opportunities. (CW Group) ÔÇ£WeÔÇÖre looking for broader geographical diversification,ÔÇØ Chief Executive Officer Walter Schalka said in an interview in Sao Paulo on... Type: Article Category: Mergers & Acquisitions Sagar and Vicat joint venture set in India 10 September 2009 Mr. Reddy, executive director for Sagar, announced all that is remaining is ÔÇ£the paper workÔÇØ and that ÔÇ£the acquisition of 1,600 acres for the first phase of the project is completed in Gulbarga, Karnataka.ÔÇØ The second phase, which includes an... Type: Article Category: Mergers & Acquisitions BUA acquires Edo, Sokoto Cement 08 September 2009 A deal of this magnitude solidifies BAU as one of the major manufacturers of cement in Nigeria. Upon execution of the acquisition, BAU will control 87 percent of Okpella Cement Company and 50.7 percent of Sokoto Cement (Cement Company of Northern... Type: Article Category: Mergers & Acquisitions Askale gets ok to buy Lafarge's Van Cemento 01 September 2009 Askale and Van Cement are planning to increase exports. The Van Cement Plant became part of Lafarge Turkey after the acquisition of Orascom Cement in 2008. [/PAID] Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Markets & Competition Cemtech may see land acquisition troubles 01 September 2009 Cemtech will take over the limestone mining operations in Kenya, but local residents subdividing land in the hope to benefit from buyouts may frustrate the efforts. (CW Group) India's Cemtech has plans to construct a Sh6.4 billion cement factory... Type: Article Category: Plant Expansions Lafarge may buy small units in South India 30 August 2009 mtpy, including a 2.5 mtpy plant each in Karnataka, Rajasthan and Meghalaya, according to the Business Standard. ÔÇ£The acquisition of small capacity units close to its own proposed plant in South India will help it own a cluster to strengthen its... Type: Article Category: Mergers & Acquisitions [CemExec] Kurt Asamer, Chairman of Asamer Cement 29 August 2009 The factory was equipped with shaft kilns and had a capacity of only 200,000 tons per year. After the low-priced acquisition, we modernized the factory and installed a new rotary kiln and coal mill. In total, we invested 60 million Euro and raised the... Type: Article Category: Features Argos ready to tackle new competitor 26 August 2009 that isolate the main centers of consumption: Bogota, Cali and Medellin, Portafolio wrote. Thus, in the absence of acquisition opportunities to foreign competitors, the only way to penetrate the market either through the installation of new... Type: Article Category: Markets & Competition CRH net declines by 80% in first half of year 25 August 2009 half of 2009 fell 15% to 8.3 billion euros from 9.7 billion euros during the same period last year; sees good flow of acquisition opportunities. (CW Group) While the rate of decline in the second quarter eased substantially compared with the first three... Type: Article Category: Financial Briones expanding Chile operations 16 August 2009 Chile's Briones will invest $50 million in expansion to counter Brescia's acquisition of Lafarge Chile. [$] (CW Group) {JCSBOT SUBSCRIPTION=1,2,3,4,5} The Briones group plans to invest $50 million to expand its lime plant in Copiapo, reports... Type: Article Category: Mergers & Acquisitions EBRD may expand Lafarge Russia loan 11 August 2009 it on September 8. The new loan follows an earlie 300 million euro multi-project facility with Lafarge covering the acquisition, modernization, expansion, construction and operation of manufacturing facilities in the cement, lime, aggregates and... Type: Article Category: Financial [CemExec] Rebuilding Iraq's & Afghanistan's cement plants - A view from the frontlines 03 August 2009 as positive in the cement industry. Lafarge became the principal shareholder of two cement plants in Iraq through its acquisition of Orascom in 2008. As an example, LafargeÔÇÖs acquisition of Orascom provided a key boost to the footprint of the... Type: Article Category: Features HeidelbergCement sells Israel to IDB unit 29 July 2009 Estalished 42 years ago, the company has 23 concrete and cement plants, three quarries, and two asphalt plants. The acquisition is through Clal Industries unit Mashav, Globes wrote. Copyright CW Group. All rights reserved. Unauthorized distribution... Type: Article Category: Mergers & Acquisitions Private equity firms interested in HeidelbergCement Malaysia 28 July 2009 over the next two years. The majority of this debt is from a EUR16.2 billion that it acquired in 2007 as part of the acquisition of Hanson. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Mergers & Acquisitions [CemExec] Hettish Kumar, Global Investment House 28 July 2009 reap some of these benefits. Several factors may drive such transactions such as consolidation of fragmented facilities, acquisition of additional capacity & entrance of multinationals. CW: How are the leading manufacturers in the region positioning... Type: Article Category: Features Binani to invest $125mm in China plant 23 July 2009 subsidiary, Shandong Binani Rong'An Cement Co Ltd," Braj Binani Group's MD, Vinod Juneja, told reporters. The land acquisition and project design and engineering works are in progress. The plant is expected to go into production by Q1FY11, Juneja said,... Type: Article Category: Plant Expansions Cimpor puts the brakes on M&A for 2009 23 July 2009 Higher funding costs and access to credit are leading Cimpor to postpone any new acquisition for the balance of 2008, in wait for an international recovery. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only... Type: Article Category: Markets & Competition Lafarge Chile too expensive for Cementos 22 July 2009 The discussed price for Lafarge Chile is said to bee too expensive for Cementos San Juan to consider an acquisition. [$] (CW Group) The purchase for Lafarge Chile's assets is considered too rich for Cementos San Juan, according to Generoso Bertolin,... 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