Italcementi becomes ‘German’, surprisingly he goes to Heidelberg. Unions concerned – ANSA.it

Italcementi becomes German: control of the industrial group is transferred to a surprise to over 1.6 billion in Heidelberg. “Do not count the control but development,” says Giampiero Pesenti.

Unions, worried about 3 thousand employees Italy – “The agreement with which Italcementi sold 45% of the German group Heidelberg worries us in the method and in about, and casts eerie shadows on the company’s future and the fate of some 3,000 Italian employees. ” The state secretaries national FenealUil, Filca-Cisl and Fillea-CGIL, Pascucci Fabrizio, Richard Kind and Marinella Meschieri, according to which “the whole operation was done in the dark taking the unions”.

Italian Italcementi last prey, flies to Germany (CARD) – The control of the industrial group that has always been headed by the Pesenti family is transferred to a surprise to over 1.6 billion in Heidelberg to create the first World Group in the aggregates, the second and third in the cement in concrete. “An entrepreneur knows that the important thing is to ensure the future development of more than entrench in the continuity of the Company’s control,” said Giampiero Pesenti, son of Charles, one of the six founding brothers of the company founded at the beginning of the century in Bergamo. The agreement provides for the allocation to Italmobiliare, as part of the purchase of a stake in the ‘new’ HeidelbergCement between 4% and 5.3% – through reserved capital increase – which corresponds to an equivalent between 560 and 760 million. With this shareholding Italmobiliare – which Mediobanca acted as advisor – will become the second largest shareholder of Industrial HeidelbergCement, with a representative within the Supervisory Board. After the end of the operation, HeidelbergCement will be required to make an unconditional public offer mandatory cash on the remaining capital of Italcementi at the same price per share paid to Italmobiliare who in turn, part of the transaction, agrees to buy Italcementi activities in the field of renewable energy (Italgen) and nell”eprocurement ‘(BravoSolution). “In addition to maintaining a strong presence in the field of building materials, with the participation in HeidelbergCement will strengthen the portfolio of industrial investments which are in addition to existing holdings in the food (SirapGema) and other diversified funds,” he says holding note which belongs to Pesenti at the end of the board that approved the transaction with the German group. The acquisition of 45% and thus the control of Italcementi takes place in a few weeks ago saw the agreement by 41 billion between Holcim and Lafarge. HeidelbergCement last year posted revenues of 12.6 billion with 44,900 employees in over 40 countries and capitalizes nearly 14 billion at the Frankfurt Stock Exchange while Italcementi ‘worth’ as ​​quoted in the Milan Stock Exchange, with about 2.3 billion while this operation is valued at approximately $ 3 billion.

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