HeidelbergCement to grow its position in Italy
(WorldNews Germany)

Today, HeidelbergCement announced that its Italian subsidiary Italcementi has entered into an agreement with Cementir Holding to buy Cementir Italia, including the fully controlled subsidiaries Cementir Sacci and Betontir. The acquisition includes all of Cementir Italia`s cement and concrete business. The transaction has an enterprise value of EUR 315 million. Closing of the transaction, which is subject...