LafargeHolcim
Lafarge deal could enhance CRH earnings
Some financial analysts claim Irish cement maker CRH’s acquisition of certain assets from LafargeHolcim will boost its earnings by more than 30 percent over the next year, according to the Irish Examiner. CRH purchased the assets from the European cement… Keep Reading
Lafarge and Holcim complete global mega-merger
Lafarge S.A. and Holcim Ltd. have completed their global merger and have launched LafargeHolcim, a world leader in the building materials industry. LafargeHolcim began trading today on the SIX Swiss Exchange in Zurich with the ticker symbol LHN and on… Keep Reading
LafargeHolcim executive committee formed
Lafarge and Holcim constructed a 10-member executive committee of the combined LafargeHolcim, Reuters reports. The companies confirmed that Holcim CFO Thomas Aebischer would be in charge of finance for the group. Saad Sebbar, who heads Lafarge Morocco, would lead the… Keep Reading
Holcim and Lafarge announce asset divestment proposal in US
Holcim and Lafarge announced details on the assets they wish to divest in the United States as a part of their planned merger to form LafargeHolcim. According to Lafarge, the companies hope to sell Lafarge’s Davenport cement plant and seven… Keep Reading
Lafarge/Holcim back on track, but a long process
The Wall Street Journal (WSJ) reports that the Lafarge/Holcim merger, an estimated $44 billion deal, is back on track after the appointment of a new chief executive for the combined group. Eric Olsen, who currently serves as Lafarge’s executive vice… Keep Reading
Lafarge, Holcim form executive committee for future company
Lafarge and Holcim took a step to complete the merger of their companies, naming members of its future executive committee. According to Lafarge, Bruno Lafont, who will serve as CEO of the combined company, will head a project team of… Keep Reading
Lafarge-Holcim merger closer to completion
The European Commission found the proposed merger between Lafarge and Holcim to be in line with the European Union's merger regulation. According to the commission, the decision is conditional upon the divestment of Lafarge businesses in Germany, Romania and the… Keep Reading
2014/15 State of the Industry
Large industry mergers lead the news as the aggregate industry’s outlook continues to climb. The North American aggregates industry is in good shape based on recent aggregate production trends and predictions of near-term construction growth. And the nation’s two largest… Keep Reading
Lafarge, Holcim moving closer to massive merger
Lafarge and Holcim took additional steps toward their planned merger, LafargeHolcim. A divestment committee the companies set up drew up a list of proposed asset disposals in anticipation of potential competition authorities' requirements. The two companies propose to divest a… Keep Reading
