Slaughter and May is advising West China Cement Limited’s group on its acquisition of the 91% majority stake in Cimenterie de Lukala SA, a cement manufacturer operating an integrated cement plant in the Democratic Republic of Congo (“DRC”), from Heidelberg Materials.
West China Cement group is one of the leading cement producers in Shaanxi Province, with a leading market position in eastern and southern Shaanxi and a presence in Xinjiang and Guizhou Provinces, as well as Mozambique, DRC and Ethiopia, Africa. Its shares are listed on the Main Board of The Stock Exchange of Hong Kong Limited.
Heidelberg Materials group is headquartered in Germany and is primarily engaged in the production and distribution of cement and aggregates for the production of concrete. Its shares are listed in Deutscher Aktien Index.
Vicky Chiu / Legal Assistant