France's Vicat Group has successfully completed an equity acquisition deal for Brazil's Cimento Planalto (Ciplan), taking a 64.74% controlling stake in the Brazilian cement producer. The acquisition marks an important milestone in Vicat's targeted external growth and geographic diversification strategy. The transaction was completed through a reserved capital increase of 295 million euros, which was mainly used to repay most of Ciplan's existing debt. The acquisition, financed through debt, not only strengthens Ciplan's balance sheet, but also supports its future development.
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