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News Cade establishes conditions for LafargeHolcim merger

Cade establishes conditions for LafargeHolcim merger

Written by Global Cement staff 12 December 2014
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Brazil: The Conselho Administrativo de Defesa Econômica (CADE) has approved, with conditions, the merger of Holcim and Lafarge in Brazil. CADE has stated that the companies would have to sell 31% of their installed capacity. The plants to go are based in the States of Minas Gerais (Pouso Alegre, Arcos, Matozinhos, Santa Luzia) and Rio de Janeiro (Cantagalo, Santa Cruz), which have a total of 3Mt/yr of cement production capacity.

Last modified on 17 December 2014
Published in Global Cement News
Tagged under
  • Brazil
  • Cade
  • LafargeHolcim
  • Merger
  • GCW181

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