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News LafargeHolcim reportedly interested in BASF Construction Chemicals

LafargeHolcim reportedly interested in BASF Construction Chemicals

Written by Global Cement staff 04 July 2019
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Germany/Switzerland: LafargeHolcim has reportedly placed a bid for BASF Construction Chemicals, according to sources quoted by Bloomberg. The cement producer has reached the second round of the bidding processing, along with companies including Bain Capital, Cinven and Standard Industries. The auction of the subsidiary of BASF that produces admixtures, mortars and grouts is expected to reach as much as Euro3bn. LafargeHolcim chief executive officer (CEO Jan Jenisch said in May 2019 that the company is considering at least 10 bolt-on assets purchases for 2019.

Last modified on 10 July 2019
Published in Global Cement News
Tagged under
  • Germany
  • Switzerland
  • LafargeHolcim
  • BASF Construction Chemicals
  • BASF
  • Bid
  • auction
  • Bain Capital
  • Cinven
  • Standard Industries
  • mortar
  • admixtures
  • grout
  • GCW413

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