Ciments du Maroc acquired Cimsud for €25 million

The transaction increases the number of grinding centres to three in the southern provinces of Morocco.

19/03/2021 at 17h37, by Africa Business+

In July 2019, the Moroccan subsidiary of the German HeidelbergCement finalised an agreement with the conglomerate Anouar Invest to purchase the grinding unit based in Laâyoune, 500 km southwest of Agadir, in May 2020. The plant’s production capacity is 500 000 tons per year.

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