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Çimsa Çimento to complete acquisition of Cemexâ€s Buñol plant in June 2021

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Turkey-based ?imsa ?imento intends to complete its acquisition of Cemex?? Bu?ol white cement plant in June 2021. Local government says that the purchase agreement has been in place since 2019 but has delayed by the international nature of the deal and competition concerns, according to Agencia EFE. ?imsa ?imento agreed to buy Cemex?? white cement business in Spain, including its Bu?ol plant, for around US$180m in March 2019. It was originally scheduled for completion in the second half of 2019.

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