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Holcim operates four businesses segments: cement, aggregates, ready-mix concrete, and other products, including precast concrete, asphalt, mortar, and other building materials. Originally, the company was established as LafargeHolcim by the merger on 10 July 2015 of Holcim and Lafarge, which had combined sales of CHF 26.7 billion in 2019. [3]
Nuvoco is the part of the Nirma Group conglomerate, entered the cement sector in 2014 by establishing a new cement plant in Nimbol, Rajasthan. The company expanded by acquiring Lafarge India Limited in 2016 and later changed its name to Nuvoco Vistas Corp. Ltd in 2017. [5]
Ethiopia has 20 cement factories which produce mainly OPC and PPC cement. Two other cement factories are in the pipeline. As of 2017, production capacity in Ethiopian, according to the Ethiopian Reporter, [14] has increased to 15 million tonnes per year, but local consumption is only 6 million tonnes per year.
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Analysts said the deal could lead to further mergers within the industry and give competitors a chance to pick up assets at a bargain price. [2] On 1 December 2024, Holcim announced that it would sell its 83.8% stake in Lafarge Africa Plc to China's Huaxin Cement for $1 billion, [13] a move seen as part of Holcim's strategy to focus on high ...
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Lafarge Africa Plc is an industrial company headquartered in Lagos, Nigeria, and listed on the Nigerian Stock Exchange. It is majorly controlled by the Holcim Group . Previously trading under the name of Lafarge Wapco Plc, the merger of Lafarge and Holcim and resulting consolidation of Lafarge's assets in Nigeria and South Africa resulted in ...
Lafarge is a French industrial company specialising in cement, construction aggregates, and concrete. It is the world's largest cement manufacturer. It was founded in 1833 by Joseph-Auguste Pavin de Lafarge and is a part of the Holcim Group. In 2015, Lafarge merged with Holcim and a new company was formed under the name of LafargeHolcim. It was ...