QHRI Subscription Documents

Founded in 1975, ASEC Holding is a leading national and regional investor in cement production, technical management and consultancy and construction. The company has grown significantly over the years to form an integrated group composed of three distinct divisions (cement manufacturing, operation and management and construction and contracting) serving both industry and end-consumers.

With more than 40 years of experience and the support of Qalaa’s investments, the Group’s engineering and consultancy arm has made important contributions to the modernization of the cement industry in Egypt and the MENA region providing end-to-end solutions for world-class cement plants from engineering all the way to O&M. 

  • Qalaa’s Cement Subsidiaries Sign a Preliminary Agreement to Exit Algerian Cement Plant Djelfa in US$ 60 million Transaction

    Qalaa Holdings (CCAP.CA on the Egyptian Exchange), an African leader in energy and infrastructure, announces today that its subsidiaries ASEC Cement and ASEC Cement Djelfa Offshore have signed a preliminary Share Purchase Framework Agreement (subject to certain terms and conditions) to sell 100% of ASEC Ciment Algérie “AACC” (Djelfa) for consideration of US$ 60 million in DZD equivalent. The acquiring party is a consortium of Algerian investors.
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  • ASEC Cement Closes Sale of ASEC Minya Cement and ASEC Ready Mix to Misr Cement Qena

    Qalaa Holdings business unit ASEC Cement has concluded the c. EGP 1 billion sale of its stakes in subsidiaries ASEC Minya Cement and ASEC Ready Mix to Misr Cement Qena
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  • ASEC Cement and Misr Cement Qena Sign Sale & Purchase Agreement for ASEC Minya Cement and ASEC Ready Mix

    Qalaa Holdings sells its stakes in cement subsidiaries ASEC Minya Cement and ASEC Ready Mix to Misr Cement Qena for c. EGP 1 billion implying a value of EGP c. 2.1 billion for a 100% stake in both companies
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  • ASEC Engineering Signs Plant Management Agreement in Ethiopia

    One-year contract is renewable for a five-year term, follows on heels of successful entry to Mozambique market.
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  • Qalaa Holdings’ ASEC Engineering and AUC to Celebrate Graduation of the Inaugural Class of Professional Diploma for Cement Industry

    Collaborative effort between ASEC Engineering and the American University in Cairo’s Engineering and Science Services Department offers students professional training and degrees in highly specialized fields in Cement engineering and management
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