Blog

Holcim And Lafarge Complete Merger And Create LafargeHolcim

Holcim And Lafarge Complete Merger And Create LafargeHolcim

Holcim Ltd and Lafarge S.A. at the moment completed their global merger and have launched LafargeHolcim, a world leader in the building materials industry.

All circumstances for the completion of the merger have been fulfilled following the successful completion of the general public exchange provide and the issuance of new Holcim shares to Lafarge shareholders.

Holcim’s shareholders had beforehand approved the merger-associated resolutions at an Extrabizarre General Assembly on Could 8, 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 into effective.

LafargeHolcim also unveils its new logo and corporate identification today. It has been designed to demonstrate that Holcim and Lafarge have united to form one company, expressing the leadership and strength of the new Group.

Wolfgang Reitzle, Co-Chairman (statutory Chairman) of the Board of Directors of LafargeHolcim, says: "At this time’s closing is a historic occasion – not only for our founding corporations but also for the trade as a whole. LafargeHolcim has a singular business portfolio, is the trade benchmark in R&D and provides its clients the widest range of progressive and worth-adding products, services and solutions – from smallholders to large enterprises and most complex 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 bigger and more international company but brings a couple of distinctive set of complementary capabilities to capitalize on. Under the leadership of Eric Olsen, the new Group will foster a new working mannequin and create more value for all our stakeholders."

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

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

In April 2014 both corporations had introduced their intention to merge. The Group received all related 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 predicted 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 countries and a concentrate on Cement, Aggregates and Concrete, LafargeHolcim is the world leader within the building supplies industry. The Group has 115,000 employees world wide and combined net sales of CHF 33 billion (EUR 27 billion) in 2014. LafargeHolcim is the trade benchmark in R&D and serves from the individual dwellingbuilder to the largest and most complex project with the widest range of value-adding products, innovative companies and complete building solutions. With a dedication to drive sustainable solutions for higher building and infrastructure and to contribute to a higher quality of life, the Group is greatest positioned to satisfy the challenges of increasing urbanization.

If you beloved this post and you would like to get much more information pertaining to lafargeholcim fusion kindly visit our page.