Holcim acquires Teko Mining in Serbia

Industry: Mining    2022-07-12

Holcim has bought Teko Mining, a Serbian-based producer of aggregates, the Swiss building materials maker said on Tuesday.

Teko, which has estimated 2022 sales of 20 million euros ($20.03 million), sells 2.4 million tons of aggregates a year, Holcim said.

The price of the acquisition, Holcim’s fourth bolt-on deal in south-eastern Europe this year, were not disclosed.

Source: Reuters.com