Concretus Materials has applied for regulatory approval to acquire up to 51% of shares in Lithuanian cement plant, Akmenes Cementas. Saulius Pileckis, chief executive of Lithuania-based Concretus Materials, refused to comment on the details of the planned deal. At present, Mexico cement industry heavyweights CEMEX owns 33.95%, Simonas Vytis Anuzis 13.67%, Olius Danyla 13.55%, Arnoldas Mituzas 12.76%, and Edmundas Montvila 9.8% of shares in Akmenes Cementas. Concretus Materials was established in Vilnius in
Concretus Materials has applied for regulatory approval to acquire up to 51% of shares in Lithuanian cement plant, Akmenes Cementas.
Saulius Pileckis, chief executive of Lithuania-based Concretus Materials, refused to comment on the details of the planned deal. At present, Mexico cement industry heavyweights Cemex owns 33.95%, Simonas Vytis Anuzis 13.67%, Olius Danyla 13.55%, Arnoldas Mituzas 12.76%, and Edmundas Montvila 9.8% of shares in Akmenes Cementas.
Concretus Materials was established in Vilnius in September 2012. Mr Pileckis is also director of the Lithuanian concrete producer Betoneta.
