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Homepage > Vicat Group > News from the Group > Announcement of a major acquisition in Brazil

Announcement of a major acquisition in Brazil

The Vicat Group announces today the signing of a binding agreement with Cimento Planalto ("Ciplan") shareholders. 

Date of the news: October 2018

The Vicat Group announces today the signing of a binding agreement with Cimento Planalto ("Ciplan") shareholders. 


Ciplan operates a modern plant, in the vicinity of Brasilia, with a total installed cement capacity of 3.2 million tons per year. It is backed by high quality and abundant mineral resources. The Company also boasts 9 ready-mixed concrete plants and 5 aggregates quarries.


With this acquisition, Vicat pursues its targeted external growth and geographical diversification strategy, through the incursion into a new emerging market benefitting from strong growth perspectives. In order to fully capture the Brazilian market's growth potential, Vicat will leverage a performing industrial asset base, coupled with strong brand awareness, abundant quarry reserves and a solid competitive position in its local markets.


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