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News Lafarge sells Russian cement plant to Buzzi Unicem to cut debt

Lafarge sells Russian cement plant to Buzzi Unicem to cut debt

Written by Global Cement staff 16 September 2014
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Russia: Lafarge SA has sold one of its Russian cement plants to Buzzi Unicem as part of its effort to cut debt. The Ural Cement plant in Korinko, Chelyabisnk was sold for Euro104m. Lafarge aims to reduce its debt to below Euro9bn from Euro11.2bn. The plant sale requires regulatory approval.

Last modified on 17 September 2014
Published in Global Cement News
Tagged under
  • Russia
  • Lafarge
  • Ural Cement
  • Acquisition
  • Buzzi
  • GCW168

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