Rio Tinto and Glencore discuss potential merger
A Rio-Glencore combination would leapfrog long-running number one BHP.
Holcim has bought Teko Mining, a Serbian-based producer of aggregates, the Swiss building materials maker said on Tuesday.
Teko, which has estimated 2022 sales of 20 million euros ($20.03 million), sells 2.4 million tons of aggregates a year, Holcim said.
The price of the acquisition, Holcim’s fourth bolt-on deal in south-eastern Europe this year, were not disclosed.
($1 = 0.9987 euros)
(By John Revill; Editing by Miranda Murray)
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