Holcim to divest its businesses in Uganda and Tanzania
![Holcim Uganda Kasese Plant W](https://ccf2up.com/wp-content/plugins/phastpress/phast.php/c2VydmljZT1pbWFnZXMmc3JjPWh0dHBzJTNBJTJGJTJGY2NmMnVwLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyMyUyRjExJTJGSG9sY2ltLVVnYW5kYV9LYXNlc2UtUGxhbnRfVy03Njh4NDY1LmpwZyZjYWNoZU1hcmtlcj0xNzA1NDE4NzgyLTg2ODUzJnRva2VuPTBlYTBhNjk4MzM5NjM3OTk.q.jpg)
Holcim will divest its cement businesses in Uganda and Tanzania. It has agreed to sell Hima Cement Ltd, its local subsidiary in Uganda, to the Sarrai Group, for an enterprise value of USD 120m, while its 65% participation in Mbeya…