Semapa announces Sodim merger
Sodim incorporated CIMO, consolidating ownership of over 81% of Semapa's shares and voting rights.
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Portuguese investment holding company
semapa.ptLast updated
In short: Semapa reported a significant increase in net profit to €570 million following the €1.081 billion sale of its cement business, Secil.
Sodim incorporated CIMO, consolidating ownership of over 81% of Semapa's shares and voting rights.
In the first half of 2026, the sale to Cementos Molins for 1.081 billion euros generated a 516 million capital gain and lifted net profit to 570 million euros.
The group invested €413m, including two acquisitions in Spain, and net profit reached €121m.
The disposal reversed net debt to cash positive and the Group invested €102.9M in growth areas.
Prior to the incorporation, CIMO held 47.938% of the shares representing Semapa's capital and corresponding voting rights, while Sodim held...
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Despite the 8.7% drop in turnover, exports and the sale of Secil to Spanish Cementos Molins, which generated 1.081 billion...
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