Intelligent news from Mozambique

Heidelberg Cement buys Mozambique plant for $10 million

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German multi-national Heidelberg Cement has bought a cement factory in Mozambique for €8.8 million ($10m) in cash from its anonymous owners in Mozambique and Mauritius. The deal to buy the Austral Cimentos Sofala (ACS) plant in Dondo, near the central port city of Beira, closed in April [...]

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