Acquisition | Building materials
Molins completed its acquisition of Portuguese building-materials group Secil from Semapa, following an agreement signed in December 2025.
The transaction
The buyer confirmed completion on 23 March 2026. Secil reported 2025 revenue of €751m and EBITDA of €195m; the acquisition adds operations in Portugal and Brazil to Molins.
Semapa subsequently disclosed €1.081bn in cash consideration. That is separate from the announced €1.4bn enterprise value. Semapa retained its 51% interest in Société des Ciments de Gabès, so that holding should not be counted as transferred.
Evidence behind the record
19 Dec 2025
23 Mar 2026
15 May 2026
Facts are attributed to the public sources above. The Portus view is our interpretation.
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