Qalaa Holdings’ cement platform company is ASEC Holding, a leading regional cement, engineering and construction group with operations spanning Africa and the Middle East. With more than 30 years of experience, ASEC’s portfolio of services includes plant design and engineering, technical management, automation and construction.

ASEC’s portfolio includes cement manufacturing through ASEC Cement with two operational production facilities: Al-Takamol Cement in Sudan; Zahana Cement Co. in Algeria, as well as a greenfield license in Syria. ASEC’s construction and management services are carried out through ARESCO, ASEC Engineering, ASEC Automation and ASENPRO.

In 2015 Qalaa had reduced its exposure to the cement industry, with ASEC Holding concluding the sale of business unit Misr Cement Qena as well exiting ASEC Minya and ASEC Ready-Mix.

  • 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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