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Graymont acquires stakes in New Zealand-based limestone and lime producers

By James Sean Dickson
Published: Tuesday, 16 December 2014

Through its purchasing of limestone and lime businesses which operate on both of New Zealand’s islands, Graymont has acquired both the country’s largest supplier, and a nationwide network of quarries, plants and distribution facilities.

Canada-based Graymont Inc. is to enter the New Zealand limestone and lime industry by taking ownership of McDonald’s Lime Ltd, which is currently joint-held by majority stakeholder Holcim New Zealand Ltd and New Zealand Steel Ltd.

Holcim New Zealand will also sell Taylor’s Lime Ltd to Graymont under the deal...

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