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