Cement, slag plant and terminal asset suitors prepare for timely transactions
- Published: Tuesday, 14 July 2015 12:40
- Written by Concrete News
Sources: CP staff
The formal closing of the Lafarge S.A. and Holcim Ltd. merger will trigger expedited unloading of U.S. and Canadian cement, aggregate and concrete production and distribution assets valued at $1 billion-plus. Topping the regulator-driven transactions will be the sale of the Holcim (Canada) Inc. business to Oldcastle Inc. parent CRH Plc, and Lafarge North America’s Davenport, Iowa, cement plant and seven-terminal Mississippi River network to Continental Cement Co. parent Summit Materials.