*DJ LafargeHolcim Signs Bolt-On Acquisition in Greece
(MORE TO FOLLOW) Dow Jones Newswires
May 05, 2021 03:30 ET (07:30 GMT)
*DJ LafargeHolcim: Fifth Bolt-On in 2021 With More Expected During the Year
(MORE TO FOLLOW) Dow Jones Newswires
May 05, 2021 03:31 ET (07:31 GMT)
*DJ LafargeHolcim's HERACLES to Acquire HALYPS Domia Ylika's Aggregates Business and 2 Plants
(MORE TO FOLLOW) Dow Jones Newswires
May 05, 2021 03:33 ET (07:33 GMT)
*DJ HALYPS Domia Ylika SA Is Part of Heidelberg Cement
(MORE TO FOLLOW) Dow Jones Newswires
May 05, 2021 03:33 ET (07:33 GMT)
DJ LafargeHolcim Signs Deal With HeidelbergCement to Acquire Greek Business
By Olivia Bugault
LafargeHolcim Ltd. said Wednesday that its subsidiary Heracles Group has signed a deal with Halyps Domia Ylika SA--a Greek company owned by HeidelbergCement AG--for the acquisition of its aggregates business and two concrete plants in Greece.
The Swiss cement maker said that the acquisition of the aggregates business in the Greek town of Mandra and the two ready-mix concrete plants which based in Gerakas and Aspropyrgos, two suburbs of Athens, will help the group accelerate its growth in the country.
The companies didn't disclose the financial details of the deal.
In a separate statement on Wednesday, HeidelbergCement said the sale of its Greek business would help optimize its portfolio. "The company will focus on its core business in Greece and continue the cement production through its subsidiary Halyps Cement," the German cement maker said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
May 05, 2021 03:51 ET (07:51 GMT)
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