Cimento Nacional is the trading name of Companhia Nacional de Cimento (CNC), a cement producer based in Recife, in Brazil's northeast, that Buzzi's 2025 Annual Report describes as 'a Buzzi subsidiary' following its 2021 acquisition. CNC is held 100% through the wholly owned Brazilian holding company Nacional Cimentos Participações SA, alongside related subsidiaries Agroindustrial Delta de Minas SA and CCS Cimento de Sergipe SA, per the report's list of consolidated companies.
This is the step that made Cimento Nacional a wholly owned Buzzi business, completing a story that started with a 50/50 joint venture and a bolt-on acquisition. Buzzi entered Brazil in November 2018 by taking a 50% stake in the holding company then called BCPAR (later NCPAR), alongside Grupo Ricardo Brennand; in April 2021 that jointly owned vehicle, Companhia Nacional de Cimento, bought CRH group's Brazilian cement business (see buzzi-acquires-cnc-2021), while Buzzi's own stake in the venture stayed at 50%. On 17 May 2024 Buzzi announced that Grupo Ricardo Brennand had exercised a put option under their existing agreements for its remaining 50% of NCPAR, with the investment estimated at EUR290-310 million pending Brazilian real exchange rates and clearance from Brazil's antitrust authority CADE. The purchase completed on 3 October 2024 for a price Buzzi's own release puts at "approximately EUR 300.0 million," funded from available liquidity; Buzzi's release states plainly that it "now holds 100% control of NCPAR." That closing is also the point at which Cimento Nacional moved in Buzzi's accounts from joint-venture treatment to full consolidation as a subsidiary, which is why the brand is recorded elsewhere in this dataset as wholly owned by Buzzi rather than as a 50% joint venture.
The buyer of record was Companhia Nacional de Cimento (CNC), a wholly owned subsidiary of the Brazilian holding company BCPAR, in which Buzzi Unicem has held 50% since November 2018 alongside Grupo Ricardo Brennand; it is not a separate company in this dataset, so Buzzi Unicem is recorded as buyer here. CNC agreed to buy all of CRH group's Brazilian operations - three full-cycle cement plants and two grinding centres in the southeast, mainly in Minas Gerais and Rio de Janeiro - at "a price of US$ 218 million, subject to adjustments based on the net financial situation at the closing date," per Buzzi's own account; that phrasing does not characterise the figure as an enterprise value or say assumed debt is included, so it is recorded here as the agreed purchase price. Buzzi's history page dates the agreement only to October 2020, without a day, so only the year is recorded for the announcement date. The purchase closed on 16 April 2021 after clearance from Brazil's antitrust authority CADE, roughly doubling Cimento Nacional's production capacity and giving it its first southeastern Brazil footprint; Buzzi Unicem financed CNC for up to US$242 million to fund the deal.
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Frequently asked questions
Who is the parent company of Cimento Nacional?
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The parent company of Cimento Nacional is Buzzi, a publicly listed company headquartered in Italy.
Is Cimento Nacional Brazilian or Italian?
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Cimento Nacional originated in Brazil, but it is owned today by Buzzi, which is headquartered in Italy. So Cimento Nacional is a Brazilian-origin brand under Italian ownership.
When did Buzzi buy Cimento Nacional?
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Buzzi completed its acquisition of Cimento Nacional on 3 October 2024, after announcing the deal on 17 May 2024. The deal was valued at €300 million.
Is Cimento Nacional still owned by Buzzi?
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Yes. As of 23 September 2026, Cimento Nacional is still owned by Buzzi. The ownership record was last checked against primary sources on that date.
Sources (5) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.