PLMJ advises TCC on €480m purchase of Cimpor
PLMJ has advised TCC (Taiwan Cement Corporation) on the purchase of 60% of Cimpor for the value 480 million euros.
The operation was led by Diogo Perestrelo, partner and coordinator of the corporate M&A area.
The Taiwan Cement Corporation is a cement company headquartered in Taiwan. Their main business includes the production and trading of cement, paper bags, and other paper products. They are the central component of TCC Group, which grew from the cement plant.
Cimpor – Cimentos de Portugal is the largest Portuguese cement group, operating in eleven countries – Portugal, Spain, Morocco, Brazil, Tunisia, Turkey, Cape Verde, Mozambique, China, Egypt and South Africa, involved in manufacturing and marketing cement, hydraulic lime, concrete and aggregates, precast concrete and dry mortars.
