PPC Barnet denies it is in acquisition talks with Nyumba ya AKIBA/ brand CIMKO, or any other firm following market speculations that are circulating regarding a possible takeover of its operation in the DRC.
PPC Barnet is making a clear statement: There are no discussions between other entities. Furthermore, a change in the ownership structure of PPC Barnet is not on the agenda.
PPC Barnet’s development strategy in the DRC, following the publication of positive results, remains unchanged. Thus, PPC Barnet wishes to reassure its customers, partners, and collaborators and assumes its ambition to be the leader in building materials in the country, since the beginning of its production in 2017.
The executive management of PPC Barnet and its board of directors, and its Congolese shareholders formally deny this rumor, which only destabilizes the construction market.
PPC Barnet has posted positive and encouraging results for the first half of 2022. The Group will continue to deliver its cement to all regions of the country, as close as possible to the demand, to contribute to the national economic development.
