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Read MoreTag: European Union
Holcim, Lafarge map year-long merger, expedited asset sale plans
Sources: Holcim Ltd., Zurich; Lafarge SA, Paris; CP staff
Holcim and Lafarge officials outlined in April 7 presentations to European Union analysts the financial rationale and integration strategies behind a “merger of equals,” netting LafargeHolcim—present in 90 countries and accounting for $44 billion in sales; 470 million and 384 million tons of cement and aggregate shipments, respectively; plus, 90 million yd. of ready mixed production.
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