Holcim closes Brazil business sale

Quarry Products / September 8, 2022
By Guy Woodford
Holcim has closed the sale of its Brazil business

Holcim has closed the US$1.025 billion sale of its business in Brazil to CSN (Companhia Siderúrgica Nacional). The deal was closed following approvals from Brazilian authorities. The transaction includes Holcim’s five integrated cement plants, four grinding stations, six aggregates sites and 19 ready-mix concrete facilities.

 

Latin America remains a core strategic growth region for Holcim. In the first half of 2022, Holcim completed a new cement production line in El Salvador and significantly expanded its aggregates operations in El Salvador, Ecuador and Colombia. The company also continued to expand its Disensa retail network across the region, with over 2,000 stores in eight countries. 

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