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Bamburi Cement and Cementia Holding to sell Hima Cement for US$15m
Uganda: Holcim subsidiaries Bamburi Cement and Cementia Holding have negotiated a price of US$120m for Hima Cement with buyer Sarrai Group. Business Daily News has reported that the price is 14% higher than the company’s previous valuation. The parties said that the agreed price takes into consideration ‘multiple factors,’ including Hima Cement’s performance in 2022 and forecast performance for 2023./Global Cement
UAECEMENT.COM - Dec, 11,2023

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