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Holcim And Lafarge Complete Merger And Create LafargeHolcim

Holcim And Lafarge Complete Merger And Create LafargeHolcim

Holcim Ltd and Lafarge S.A. at this time completed their world merger and have launched LafargeHolcim, a world leader in the building supplies industry.

All conditions for the completion of the merger have been fulfilled following the profitable completion of the general public alternate provide and the issuance of new Holcim shares to Lafarge shareholders.

Holcim’s shareholders had previously approved the merger-associated resolutions at an Extraodd Normal Meeting on Might eight, 2015. With the completion of the merger the mandate of the new Board of Directors and of the new Executive Committee with Eric Olsen as CEO has turn out to be effective.

LafargeHolcim additionally unveils its new logo and corporate identification today. It has been designed to demonstrate that Holcim and Lafarge have united to type one firm, expressing the leadership and power of the new Group.

Wolfgang Reitzle, Co-Chairman (statutory Chairman) of the Board of Directors of LafargeHolcim, says: "At present’s closing is a historic occasion – not only for our founding firms but in addition for the industry as a whole. LafargeHolcim has a novel business portfolio, is the business benchmark in R&D and presents its prospects the widest range of revolutionary and worth-adding products, companies and solutions – from smallholders to massive enterprises and most complicated projects."

Bruno Lafont, Co-Chairman of the Board of Directors of LafargeHolcim, adds: "This new company is built on the rich history and tradition of Lafarge and Holcim and its teams. The merger has not only resulted in a larger and more global company however brings about a unique set of complementary capabilities to capitalize on. Under the leadership of Eric Olsen, the new Group will foster a new working model and create more value for all our stakeholders."

The new LafargeHolcim shares will be traded on the SIX Swiss Change as well because the Euronext in Paris as of July 14.

As introduced, LafargeHolcim will re-open the public alternate offer to offer the remaining Lafarge shareholders the opportunity to additionally tender their shares. The new offer period will start on July 15, 2015 for a duration of ten trading days until July 28th.

In April 2014 each corporations had introduced their intention to merge. The Group acquired all relevant anti-trust approvals within the expected timeframe following a proactive dialogue with the respective authorities. In this context, operations in Europe, the US, Canada, Brazil, India, the Philippines, and Mauritius are being divested. Completion of these transactions is expected within the approaching months.

The worldwide launch of the new company will be celebrated on July 15, 2015. LafargeHolcim will invite to a media conference on that day.


About LafargeHolcim
With a well-balanced presence in 90 international locations and a concentrate on Cement, Aggregates and Concrete, LafargeHolcim is the world leader in the building supplies industry. The Group has 115,000 staff world wide and mixed net sales of CHF 33 billion (EUR 27 billion) in 2014. LafargeHolcim is the trade benchmark in R&D and serves from the individual housebuilder to the biggest and most complex project with the widest range of worth-adding products, modern providers and complete building solutions. With a commitment to drive sustainable options for better building and infrastructure and to contribute to a higher quality of life, the Group is best positioned to fulfill the challenges of accelerating urbanization.

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