Cement buy

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24 April 2008

Heidelberg Cement is to acquire Ukrainian cement producer Doncement via its Dutch subsidiary CBR Portland BV for an undisclosed sum, subject to the approval of the antimonopoly authorities.

The plant, which has a capacity of 1,6 million tonnes per year, produces Portland and slag cements and supplies the Donetsk area, with good access to the neighboring Russian market.

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