Semapa has signed an agreement to sell 100% of Secil's share capital to the Molins group for an enterprise value of €1.4 billion. The transaction is expected to close in the first quarter of 2026, subject to compliance with the usual authorisations and requirements for this type of transaction.
The divestment is part of Semapa's active portfolio management strategy and aims to strengthen its investment capacity and advance its industrial diversification strategy. According to the group, the resources obtained will enable it to accelerate the execution of new growth opportunities.
Secil, founded in 1930, is one of the leading companies in the cement sector in Portugal and has an international presence. The company employs around 2,900 people and operates in various markets outside its country of origin.
Ricardo Pires, CEO of Semapa, said that the transaction will enable the group to strengthen its investment capacity and advance the diversification of its industrial portfolio, following several years of growth and transformation of Secil under its control.
For his part, Marcos Cela, CEO of Molins, indicated that the acquisition is in line with the group's strategy to expand its international presence and strengthen its activity in solutions linked to the cement sector, incorporating a platform with a global presence and a consolidated industrial base.
Following the completion of the transaction, Semapa will continue to focus on managing its investees and identifying new investment opportunities, while Molins will integrate Secil into its operating perimeter once the expected conditions have been met.
