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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]
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 ...
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 ...
In February 2015, Lafarge announced it had reached an agreement to sell the company to CRH plc, with the exception of its Cauldon cement plant. [12] Anglo American sold its 50% stake to Lafarge first, [13] for £992 million ($1.55 billion), [14] in order to allow CRH to buy the complete business. CRH completed the purchase in August 2015.
ACC operated as a subsidiary of Lafarge Holcim. [5] On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited. The company is the only cement company to get Superbrand status in India. [6]
Costco announced a recall of Kirkland Severe Cold & Flu Capsules due to the potential of foreign material contamination.
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 ...
December 22, 2024 at 8:30 AM. New York, New York ozgurdonmaz/Getty Images. ... down 9% from the average sale price last year, though that marks a slowdown from the 24% drop from 2022 to 2023. ...