HeidelbergCement sells Sierra Leone subsidiary for €10 million
The transaction with Diamond Cement announced on 1 December 2021 allows the German group to “optimise its portfolio” of holdings in Africa.
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▪ HeidelbergCement sells Sierra Leone subsidiary for €10 million
▪ The transaction with Diamond Cement announced on 1 December 2021 allows the German group to “optimise its portfolio” of holdings in Africa.
▪ https://www.africabusinessplus.com/en/811649/heidelbergcement-sells-sierra-leone-subsidiary-for-e10-million/
By withdrawing from a “non-priority” market, HeidelbergCement AG has been able to redeploy the funds raised from the sale and expand into Tanzania.
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