History

History

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2012
  • On December 20, 2012, following the reorganization and asset swap process presented by the shareholder InterCement, Cimpor swapped: the assets in Spain (except Cimpor Inversiones S.A., Cimpor Trading S.A. and Cimpor Eco S.L.), Morocco, Tunisia, Turkey, India, China and Peru, for the InterCement cement and concrete assets and operations in South America (Brazil, Argentina and Paraguay) and in Angola. As previously announced, once the asset swap with Cimpor was concluded, InterCement swaps the assets received, from Cimpor, for Votorantim Cimentos S.A. stake in Cimpor (21% of its share capital).

  • Following the Takeover Bid for Cimpor’s total share capital launched by InterCement Austria Holding GmbH (“InterCement”), in June 2012 the InterCement became Cimpor’s majority shareholder with 72.9% of the share capital.

2011
  • CIMPOR acquires 51% of the share capital of CINAC - Cimentos de Nacala, S.A. (Mozambique)
2009
  • Operational start-up of a new cement grinding unit with a production capacity of 50 ton/hour (Morocco)
  • Start-up of a new concrete plant in Kenitra (Morocco)
  • Sale of the El Callao terminal by Cementos Otorongo, S.A.C., as well as all the shares representing the entire share capital of Agregados Comercializados, S.A.C.(Peru)
  • Operational start-up of the new grinding unit at Huaian, with a cement production capacity of 1.2 million ton/year (China)
2008
  • CIMPOR acquires 73,63% of the share capital of Shree Digvijay (India)
  • CIMPOR acquires CEMEX's assets in Canary Islands (Spain)
2007
  • CIMPOR acquires 80% participation of Cementos Otorongo, a company governed by Peruvian law
  • Cimpor acquires 99,68% of the share capital of the turkish cement company YLOAÇ
  • Cimpor acquires 60% of the share capital of  Shandong Liuyuan New Type Cement Development Co. Ltd - New Liuyuan
2006
  • Cimpor sells 49% of Nova Cimangola, a cement works in Angola.
  • Through its Spanish subsidiary, Corporación Noroeste de Hormigónes y Áridos  has acquired 40% of the capital shares of Firmes y Hormigones SANI, S.L.
2005
  • Acquires all the shares of Nordicave Trading Industrial, Lda which sole asset is a participation of 86,65% in Cimentos de Cabo Verde, S.A.R.L. (CCV).
2004
  • Cimpor acquires 49% of Nova Cimangola, a cement works in Angola.
2003
  • With a new acquisition in Spain ( Andalusia), Cimpor reinforces its position in the Iberian Peninsula, where the Group´s cement annual production capacity rises to 9,7 millions tons, becoming the second biggest producer in the region.
2002
  • Acquires all the shares of NPC - Natal Portland Cement Company in South Africa.
2001
  • Fourth and last stage of the privatization process - The Portuguese State sold all of its share capital (10,05%) to Teixeira Duarte,S.A..
  •  CIMPOR wins the European Top Companies 2001-Best Performing Companies Over 1 Year Award
2000
  • Cimpor acquires a cement works in Egypt - Amreyah Cement Company - with a production capacity of 2.4 million tonnes per annum.
1999
  • Cimpor makes a start to its Total Quality Management Project in Portugal. The aim is to meet the expectations of all: customers, shareholders and staff.
  • In strengthens it position in Brazil through the acquisition of the Brennand Group, including the following companies: Companhia de Cimentos Goiás, Companhia de Cimento Atol and Companhia de Cimento Portland.
  • Cimpor is awarded the Best Company of the Decade prize by the Exame magazine.
1998
  • Approximately 25% of share capital was sold in the third stage of the privatization process. This means that CIMPOR is now 90% privatised, with about half a million shareholders. The Portuguese state holds 10% of its share capital.
  •   In Portugal, the accumulated production of cement exceeds 100 millions tonnes.
  •  Its internationalisation is further reinforced through the acquisition of Societé des Ciments de Jbel Oust in Tunisia.
1997
  • Cisafra and the cement business of Serrana's Group were acquired, leading to the creation of SOCIEDADE DE CIMENTOS DO BRASIL, S.A.
  • The Alhandra, Loulé and Souselas plants obtained their quality certificates, according to norm NP EN ISO 9002.
1996
  • A major position (55%) was acquired in the Moroccan company ASMENT DE TÉMARA.
  •  In the second stage of the privatization process - 45% of share capital was sold. CIMPOR was then held by 80,000 shareholders.
1994
  • The privatization process begins. During the first stage, approximately 20% of share capital was sold, meaning the company was owned by 14,000 shareholders.
  • 51% of the company Cimentos de Moçambique S.A., was acquired. This company was renamed to CIMENTOS DE
  •   Strategic plan for total quality, the "Jump Project" was set up. 1992
1992
  •  The process of internationalization begins. The Spanish holding company CORPORACIÓN NOROESTE S.A., in Galicia, is acquired.
  • C.M.P. - Cimentos Maceira e Pataias is created and the Maceira and Pataias plants are sold.
1991
  •  The company becomes a public company, with the new name CIMPOR - CIMENTOS DE PORTUGAL, S.A.
  • The precast business area starts operating.
  • PRECIMPOR, S.G.P.S., S.A. is created.
1988
  • Ready-mix concrete business is restructured.

      CIMPOR BETÃO, S.G.P.S., S.A. is created.

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