Concretus Materials to buy 51% of Lithuania-based Akmenes Cementas

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
January 4, 2013

Concretus Materials has applied for regulatory approval to acquire up to 51% of shares in Lithuanian cement plant, 4414 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 643 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.

For more information on companies in this article
Akmenes Cementas
Cemex
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