Consunji group completes Cemex PHL stake acquisition BusinessWorld Online

(CSEC) for PHP 8.3 billion (approximately USD 170 million). The acquisition is part of a larger strategy to expand the companies’ presence in the Asian market.

The Acquisition and Its Significance

The acquisition of CSEC by Consunji-led companies marks a significant milestone in the Asian construction industry. CSEC is a leading player in the region, with a strong presence in the Philippines and other Southeast Asian countries.

Key Highlights of the Acquisition

The acquisition price is PHP 3 billion (approximately USD 170 million). The companies involved are DMCI Holdings, Inc., Semirara Mining and Power Corp. (SMPC), and Dacon Corp. ## The Companies Involved

The Companies Involved

DMCI Holdings, Inc. A leading construction company in the Philippines, with a strong presence in the country’s infrastructure development. Known for its expertise in large-scale construction projects, including roads, bridges, and buildings. ### Semirara Mining and Power Corp. (SMPC)*

A major mining company in the Philippines, with a focus on copper and nickel production. Also involved in power generation, with a portfolio of renewable energy projects. ### Dacon Corp. A construction company with a strong presence in the Philippines and other Southeast Asian countries. Known for its expertise in building and infrastructure development. ## The Future of the Asian Construction Industry

Dacon Corp. A construction company with a strong presence in the Philippines and other Southeast Asian countries. Known for its expertise in building and infrastructure development. ## The Future of the Asian Construction Industry*

The acquisition of CSEC by Consunji-led companies is expected to have a significant impact on the Asian construction industry. With their combined expertise and resources, the companies are well-positioned to take on larger and more complex projects in the region.

DMCI to Enter Cement Manufacturing Sector with PHP 1.4 Billion Acquisition.

The deal is valued at PHP 1.4 billion (approximately USD 28 million). The acquisition is expected to boost the company’s revenue and increase its market share in the cement industry.

The Acquisition of SMPC by DMCI

The acquisition of SMPC by DMCI marks a significant milestone in the cement manufacturing sector. This deal signals the Consunji group’s entry into the cement manufacturing sector, a move that is expected to have a profound impact on the industry.

Key Highlights of the Deal

The deal is valued at PHP 4 billion (approximately USD 28 million). The deal is a strategic move by DMCI to expand its presence in the cement manufacturing sector. ## The Benefits of the Acquisition

The Benefits of the Acquisition

The acquisition of SMPC by DMCI is expected to bring several benefits to the company.

The Road to Expansion

The Consunji group, a leading Philippine cement manufacturer, has set ambitious targets for its cement production capacity. With a focus on growth and expansion, the company aims to increase its annual cement production to 7.2 million tons by early 2025. This significant expansion is expected to not only boost the company’s revenue but also contribute to the country’s infrastructure development.

Key Drivers of Expansion

Several factors are driving the Consunji group’s expansion plans. These include:

Increasing demand for cement in the Philippines, driven by the country’s rapid urbanization and infrastructure development projects. Government initiatives to improve the country’s infrastructure, which is expected to create new construction projects and increase the demand for cement. The company’s existing infrastructure and production capacity, which will be leveraged to support the expansion plans. ### Expansion Strategies*

Expansion Strategies

To achieve its expansion goals, the Consunji group is implementing several strategies. These include:

Investing in new production facilities and equipment to increase its cement production capacity.