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News Holcim and Lafarge receive European Commission’s approval for CRH to buy assets

Holcim and Lafarge receive European Commission’s approval for CRH to buy assets

Written by Global Cement staff 27 April 2015
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Europe: CRH has been approved by the European Commission as a purchaser of assets in the European Union from Lafarge and Holcim. CRH has also received from the European Commission the clearance for the acquisition of these assets. These divestments remain subject to the completion of the merger between Lafarge and Holcim, including a successful public exchange offering to Lafarge's shareholders and approval by Holcim's shareholders.

In France Holcim and Lafarge are divesting all of Holcim's assets, except for its Altkirch cement plant and aggregates and ready-mix sites in the Haut-Rhin region, and a grinding station of Lafarge in Saint-Nazaire. Lafarge's assets on Reunion island are being sold except for its shareholding in Ciments de Bourbon. All of Lafarge's assets are also being sold in Germany and Romania. Lafarge Tarmac assets in the UK are being sold with the exception of its Cauldon and Cookstown plants and certain associated assets. In Hungary all of Holcim's operating assets are being divested and it is selling its assets in Slovakia.

Last modified on 29 April 2015
Published in Global Cement News
Tagged under
  • Europe
  • Holcim
  • Lafarge
  • LafargeHolcim
  • CRH
  • European Commission
  • European Union
  • France
  • Romania
  • Germany
  • UK
  • Slovakia
  • GCW198

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