Votorantim Cimentos and CDPQ close transaction to combine cement operations in North America

By: Cement Association of Canada

St. Marys Cement Inc. and McInnis Cement to begin jointly manufacturing, distributing and selling cement in Canada and the United States

TORONTO and MONTREAL and SÃO PAULO, Brazil, April 30, 2021 /CNW Telbec/ – Votorantim Cimentos, the seventh largest cement producer in the world, and Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, announced today that they have completed the transaction to combine cement operations in North America. After having obtained regulatory approval from authorities in Brazil, Canada and the United States, St. Marys Cement Inc. (Canada), a wholly owned subsidiary of Votorantim Cimentos can now commence with the integration process with McInnis Cement Inc.

Read the news release.