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Vicat SA owns 100 pct of Vicat Sagar in India

Tuesday, 15 Jul 2014 11:48am EDT 

Vicat SA:Purchases Sagar Cements' stake in Vicat Sagar Cement company, subject to customary conditions precedents.After this transaction, Vicat will own 100 pct of Vicat Sagar Cement.This company operates a plant located in North Karnataka and has production capacity of 3 mln tonnes per year.It features latest in cement-making technology, its own power plant and access to rail network.Together with the share purchase, two groups will untie all their ownership links. 

Company Quote

19 Dec 2014