Holcim Gruppo, Holcim's Italina subsidiary, has bought the cement operation of Gruppo Setramar, which trades as Micron Mineral.
No financial details of the deal have been disclosed.
The acquisition will help Holcim build its presence in the northern Adriatic region, where Micron Mineral's GranCem trademark is a major player.
Micron Mineral will now be a subsidiary of Holcim Gruppo (Italia) SpA parent holding company of Holcim (Italia), a construction company active in the production of cement, aggregates (sand and gravel) and concrete.
Source: Aggregate Research Industries
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