Semapa signed a binding agreement on Friday to sell its entire stake in Secil, which employs 2,900 people, to Spanish company Cementos Molins.
The agreed transaction value represents an enterprise value of €1.4 billion, the group said in a statement sent to the Portuguese Securities Market Commission (CMVM).
In the same note, the Queiroz Pereira family holding company said that “the deal is expected to close in the first quarter of 2026, subject to the usual conditions for this type of transaction”.
