LafargeHolcim Acquires Romanian Precast-Concrete Producer
July 15 2019 - 1:43AM
Dow Jones News
By Kim Richters
Swiss cement-maker LafargeHolcim Ltd. (LHN.EB) has agreed to
acquire precast-concrete producer Somaco, the company said
Monday.
LafargeHolcim will buy the Romanian company from investor Oresa,
it said, but didn't disclose the financial terms of the
agreement.
The deal is expected to close in 4Q this year and is subject to
regulatory approvals, LafargeHolcim said.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
July 15, 2019 01:28 ET (05:28 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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