Just as the dust had started to settle after the completion of the LafargeHolcim merger on 15 July 2015, HeidelbergCement surprised the global cement industry by announcing that it had acquired a controlling 45 stake in the Italian cement producer Italcementi.The German firm, already the second-largest multinational producer by installed capacity, purchased the stake for Eurol 0.60/share on 28 July 2015. It has since begun a procedure by which it aims to acquire 100 of the shares in its Italian rival. Here, Global Cement looks at the effects this will have on global, regional and national cement industries.
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