Skip to main content
menu
Vicat announces the closing of the Ciplan acquisition in Brazil
copyright
Vicat

Vicat announces the closing of the Ciplan acquisition in Brazil

21 January 2019

Paris La Défense, January 21st, 2019: The Vicat Group announces today that it has finalized the transaction with Cimento Planalto - Ciplan - shareholders. Vicat now holds a majority stake of 64,74% of the company.

image
Vicat announces the closing of the Ciplan acquisition in Brazil
copyright
Vicat

This transaction has been structured through a reserved capital increase of €295 million. Proceeds will be used to settle a vast majority of Ciplan's existing debt. The transaction was funded through debt.

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 quarries (including 2 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.

Vicat announces the closing of the Ciplan acquisition in Brazil
Vicat

Learn more

CP-Vicat-Finalisation acquisition Ciplan
Download the file (85.2ko)
PR-Vicat-Ciplan Acquisition Closing
Download the file (77.7ko)

Our news

Find all the news

Image

18/06/2021

Vicat and Paprec create the company ALTèreNATIVE

abstract teaser

We are pleased to announce the creation with the Paprec group of an industrial Waste-Energy processing scheme in the south of France : ALTèreNATIVE.

Image

11/02/2021

Vicat, Schlumberger New Energy, the CEA and partners announce the formation of Genvia, a clean hydrogen production technology venture

abstract teaser

Feb. 8, 2021 - Vicat, Schlumberger New Energy, the CEA and partners announce appointment of CEO of Genvia, a clean hydrogen production technology venture.

Image

10/12/2020

‘catch4climate’ project: Vicat and three other European cement manufacturers join forces to decarbonate the industry

abstract teaser

‘catch4climate’ project: Vicat and three other European cement manufacturers join forces to decarbonate the industry

Image

10/12/2020

Vicat accelerates its circular-economy drive with the CO2ntainer system

abstract teaser

Vicat accelerates its circular-economy drive with the CO2ntainer system