Heidelberg Materials sells business in Congo

  • Heidelberg Materials signs agreement to sell its majority stake of 91% in Cimenterie de Lukala SA to WIH Cement Developing Company Limited 
  • The transaction includes an integrated cement plant in the Democratic Republic of the Congo 

Heidelberg Materials has entered into a definitive agreement to sell its majority stake of 91% in Cimenterie de Lukala SA, a cement manufacturer in the Democratic Republic of the Congo (DRC), to WIH Cement Developing Company Limited. The transaction comprises an integrated cement plant in Lukala, near the capital city of Kinshasa.

The financial terms of the transaction are confidential. The transaction is subject to regulatory approval and is expected to close in 2025.

The divestment of its business in the Democratic Republic of the Congo is part of Heidelberg Materials’ ongoing portfolio optimisation focusing on strengthening its strongest market positions.

Christoph Beumelburg wearing a white shirt and a blue jacket, in the background a window and an exposed concrete wall

Christoph Beumelburg

Group Spokesman, Director Group Communication & Investor Relations

Heidelberg Materials AG Berliner Straße 6
69120 Heidelberg
Germany