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.
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...