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    Home > Finance > Spain's Cementos Molins buys Semapa's cement maker Secil for $1.64 billion
    Finance

    Spain's Cementos Molins buys Semapa's cement maker Secil for $1.64 billion

    Published by Global Banking & Finance Review®

    Posted on December 19, 2025

    1 min read

    Last updated: January 20, 2026

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    Tags:sustainabilityfinancial managementinvestment

    Quick Summary

    Cementos Molins buys Secil from Semapa for $1.64 billion. The deal boosts Cementos Molins' market position and is expected to close in Q1 2026.

    Cementos Molins to Acquire Secil from Semapa for $1.64 Billion

    Dec ‌19 (Reuters) - Portuguese conglomerate Semapa has ‍agreed ‌to sell its cement maker ⁠Secil to ‌Spain's Cementos Molins for an enterprise value of 1.4 billion euros ($1.64 ⁠billion), it said on Friday.

    Shares in Semapa ​rose by nearly 16% in ‌early trading ⁠after the announcement, reaching their highest value since July 2018.

    Semapa ​owns the entire share capital of Secil, controls the pulp and paper producer Navigator and ​also ‍has businesses ​in the environmental and hydrogen sectors.

    Cementos Molins said it will finance the transaction with a combination of available cash and ⁠funds from a syndicated credit agreement and a ​bond issuance.

    The closing of the transaction is expected in the first quarter of ‌2026.

    ($1 = 0.8541 euros)

    (Reporting by Joao Manuel Mauricio; Editing by David Latona)

    Key Takeaways

    • •Cementos Molins acquires Secil for $1.64 billion.
    • •Semapa's shares rise by nearly 16% post-announcement.
    • •Transaction financed through cash, credit, and bonds.
    • •Deal expected to close in Q1 2026.
    • •Semapa diversifies in pulp, paper, and hydrogen sectors.

    Frequently Asked Questions about Spain's Cementos Molins buys Semapa's cement maker Secil for $1.64 billion

    1What is enterprise value?

    Enterprise value is a measure of a company's total value, often used as a comprehensive alternative to market capitalization. It includes market capitalization, debt, and excludes cash and cash equivalents.

    2What is a syndicated credit agreement?

    A syndicated credit agreement is a loan provided by a group of lenders—known as a syndicate—who work together to provide funds to a single borrower, typically for large financing needs.

    3What is a bond issuance?

    A bond issuance is the process by which an entity raises funds by selling bonds to investors. The issuer promises to pay back the principal amount along with interest at specified intervals.

    4What is a conglomerate?

    A conglomerate is a large corporation that consists of diverse companies operating in different industries. These companies are often acquired to diversify revenue streams and reduce risk.

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