Chinese Giant Acquires Brazilian Quarry: A Tale of Stones and Strategy
In a move that echoes across continents, Huaxin Cement, a Chinese powerhouse, has set its sights on Brazilian soil. The Shanghai-listed company, valued at $2.3 billion, recently acquired Embu, one of Brazil’s largest quarries. This $186 million deal marks Huaxin‘s first foray into the Brazilian market. Embu, a cornerstone of Brazil’s construction industry, boasts an […]