CIMPOR - Cimentos De Portugal, SGPS, S.A. sold 16% stake in Yguazu Cementos for $35 million.
December 20, 2015
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CIMPOR - Cimentos De Portugal, SGPS, S.A. (ENXTLS:CPR) sold 16% stake in Yguazu Cementos (Paraguay) for $35 million on December 21, 2015. On completion, CIMPOR - Cimentos De Portugal, SGPS, S.A. will continue to keep the control of Yguazu Cementos (Paraguay) by holding a participation of 51% stake, while the remaining share capital will be hold by its already Paraguayan partner Concret Mix.
CIMPOR - Cimentos De Portugal, SGPS, S.A. (ENXTLS:CPR) completed the sale of 16% stake in Yguazu Cementos (Paraguay) on December 21, 2015.
Intercement Portugal SA, formerly known as Cimpor Cimentos de Portugal SGPS SA (Cimpor) is a Portugal-based holding company engaged in the construction materials sector. The Company is primarily active in the production and sale of cement and clinker. It also involved in the manufacturing and marketing of ready-mix concrete and aggregates. The Company operates in Egypt, Cape Verde, Angola, Mozambique, South Africa, and Argentina, among others. The Companyâs investments are held essentially through two subsidiaries: Cimpor Portugal SGPS SA, which holds the investments in companies dedicated to the production of cement, concrete, aggregates and mortar in Portugal and Cimpor Inversiones SA, which holds the investments in companies operating abroad. The company is controlled by InterCement Participacoes SA.
INTERCEMENT PORTUGAL, S.A. 
