
Buzzi SpA has acquired 37.6% of the share capital in UAE’s Gulf Cement Company (GCC) through its subsidiary TC Mena Holdings Ltd. GCC is a public joint stock company, incorporated in Ras Al Khaimah, part of the United Arab Emirates, whose shares are listed at the Abu Dhabi Securities Exchange. GCC operates one cement production facility (photo) in Ras Al Khaimah with an annual production capacity of approximately 2.4 Mta. In 2024, GCC achieved net sales of € 120m and an EBITDA of € 7m.