Hoang Phat Vissai Group Acquires Control Of Song Lam 2 Cement

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Hoang Phat Vissai Group acquires control of Song Lam 2 Cement

16 April 2015

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Hoang Phat Vissai Group has acquired Song Lam 2 Cement JSC in Vietnam's central province of Nghe An from state-owned PetroVietnamCement 12/9 JSC.The group will invest VND500bn to complete and speed up construction of the plant in order to operate it in the next quarter.By purchasing Song Lam 2 Cement Company, Vissai now owns nine clinker and cement production units across Vietnam.

TOPICS IN THIS ARTICLE

• Southeast Asia
• ASEAN
• Vietnam
• Mergers and Acquisitions
• Song Lam 2 Cement JSC
• Hoang Phat Vissai Group

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