Heidelberg Materials has signed a definitive agreement to sell its 91% majority stake in Cimenterie de Lukala SA (CILU), a leading cement manufacturer in the Democratic Republic of the Congo (DRC), to WIH Cement Developing Company Limited.
The deal includes the transfer of CILU’s integrated cement plant in Lukala, located near Kinshasa, which has been a key player in the country’s cement industry for decades.
The financial details of the transaction remain confidential, and the sale is subject to regulatory approval, with completion expected in 2025.
This divestment aligns with Heidelberg Materials’ broader strategy of optimizing its global portfolio by focusing on core markets where it holds the strongest positions.
CILU has played a crucial role in meeting the growing cement demand in the DRC, supporting infrastructure and construction projects. WIH Cement Developing Company Limited is expected to bring fresh investment and strategic direction to enhance CILU’s production capacity and market reach.
Heidelberg Materials, one of the world’s largest integrated manufacturers of building materials, maintains leading positions in cement, aggregates, and ready-mixed concrete. The company operates in over 50 countries with approximately 51,000 employees across nearly 3,000 locations.
