Cemex sale of Austria and Hungary businesses

2/11/2015
Private acquisition

€ 160.1 million

Completed

2/11/2015


Overview:

  • Austrian building materials company Rohrdorfer Group acquired the Austrian and Hungarian operations of Mexican cement business Cemex for around €160 million.
  • The Austrian operation comprises 24 aggregate quarries and 34 ready-mix plants.
  • The Hungarian operation comprises five aggregate quarries and 34 ready-mix plants. 
  • Cemex divested of some of its business in Central and South Eastern Europe to pay off debt and provide finance for its core business.
  • A deal for Duna-Dráva Cement to acquire Cemex's Croatia, Bosnia and Herzegovina, Montenegro and Serbia operations for around €231 million was blocked by the European Commission in April 2017. 

Ben Naylor - Regional editor

Jurisdictions:

Mexico
Austria
Hungary

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Industrials and manufacturing


Firms:

Party: Rohrdorfer Group (Acquirer)

Lawyer: Chrysta Bán


Party: Cemex (Seller)


Party: Rohrdorfer Group (Acquirer)


Party: Cemex (Seller)