Votorantim Cimentos S.A. acquired an additional 12.61% stake in Cementos Artigas S.A. from Cementos Molins SA (BDM:CMO) for $25 million on December 27, 2012. Following the deal, Cementos Molins owns 49% stake in Cementos Artigas while Votorantim Cimentos S.A. holds 51%. In a related transaction, Votorantim Cimentos S.A. acquired an additional 10.61% stake in Cementos Avellaneda, S.A. from Cementos Molins SA (BDM:CMO) for $60 million on December 27, 2012.

Votorantim Cimentos S.A. completed the acquisition of 12.61% stake in Cementos Artigas S.A. from Cementos Molins SA (BDM:CMO) on December 27, 2012.