Vicat : Episode 2: announcement of a good Ci(plan) in Brazil
>Vicat has announced the acquisition of the Brazilian cement market Ciplan - Vicat has just announced an agreement with the shareholders of Ciplan (Cimento do Planalto), on the acquisition of a majority stake in the group’s capital. This deal will take the form of a reserved capital increase of € 290m, corresponding to the acquisition of a majority stake of around 65%. This amount should help to reimburse the bulk of Ciplan’s current debt. On our estimates, the group ...Vicat specializes in the production and marketing of cement, ready-mixed concrete and aggregates. Co. is also engaged in other activities which are: transport brokering (transporting materials and merchandise to large work sites) and contract work, production of prefabricated concrete products, fabrication of building products and paper. Co.'s business is divided into four segments: Cement, Ready-Mixed Concrete, Aggregates and Other Products and Services. Co.'s activities are conducted in eleven countries across Europe, North America Asia, Africa and the Middle East such as: France, U.S.A., Italy, Switzerland, Turkey, Egypt, Senegal, Mali, Mauritania, Kazakhstan and India.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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