Mergers make for new face to the cement industry

Merger and acquisition mega-deals by Holcim and Lafarge last year, and HeidelbergCement and Italcementi this year, are changing the face of the global cement-manufacturing industry, says a report from Industrial Info Resources (Sugar Land, Texas).

Both deals will provide strong market share growth by adding operations in geographies that were not previously covered prior to the combination; however, it is likely that there will be some redundancy in certain markets.

Global demand for cement is depressed due in part to the slowdown in China.

Industrial Info’s global cement database includes more than 3,100 projects valued at $169bn.

Source

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