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News Votorantim Cimentos Spain acquires Heidelberg Materials' Southern Spanish businesses

Votorantim Cimentos Spain acquires Heidelberg Materials' Southern Spanish businesses

Written by Global Concrete staff
03 November 2022
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Spain: Votorantim Cimentos Spain has completed its acquisition of Heidelberg Materials' businesses in the south of Spain. Under the deal, Votorantim Cimentos Spain gains control of FYM's 1.6Mt/yr Málaga cement plant, as well as three aggregates quarries and 11 ready-mix concrete plants in Andalusia.

Brazil-based Votorantim Cimentos' Europe, Asia and Africa CEO Jorge Wagner said “This acquisition is fully aligned with our strategy, reinforces our presence in the Iberian Peninsula to better serve our customers and creates significant synergies with our existing assets. Besides this, it will be key to accelerating our decarbonisation journey to achieve our 2030 Sustainability Commitments."

Votorantim Cimentos Spain operates a mortar plant and multiple concrete batching and aggregates plants across Andalusia, the Canary Islands, Castile and León, Extremadura and Galicia.

Published in Global Concrete News
Tagged under
  • Votorantim Cimentos
  • Spain
  • FYM
  • Heidelberg Materials
  • aggregates
  • aggregate
  • quarry
  • readymix concrete
  • mortar plant
  • acquisition

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