Holcim And Lafarge Complete Merger And Create LafargeHolcim

Holcim And Lafarge Complete Merger And Create LafargeHolcim

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

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

Holcim’s shareholders had previously approved the merger-related resolutions at an Extrabizarre Common Meeting on May 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 additionally unveils its new brand and corporate id today. It has been designed to demonstrate that Holcim and Lafarge have united to kind 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: "Right this moment’s closing is a historic occasion – not only for our two founding companies but also for the business as a whole. LafargeHolcim has a singular business portfolio, is the business benchmark in R&D and affords its customers the widest range of progressive and worth-adding products, services and options – 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 constructed on the rich history and culture of Lafarge and Holcim and its teams. The merger has not only resulted in a bigger and more global firm however brings a couple of unique set of complementary capabilities to capitalize on. Under the leadership of Eric Olsen, the new Group will foster a new operating mannequin and create more worth 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 exchange offer to present the remaining Lafarge shareholders the chance to also tender their shares. The new offer interval will start on July 15, 2015 for a period of ten trading days till July 28th.

In April 2014 each corporations had announced their intention to merge. The Group obtained 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 those transactions is predicted within the coming months.

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


About LafargeHolcim
With a well-balanced presence in ninety nations and a concentrate on Cement, Aggregates and Concrete, LafargeHolcim is the world leader in the building materials industry. The Group has one hundred fifteen,000 staff all over the world 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 person housebuilder to the biggest and most complicated project with the widest range of value-adding products, innovative providers and complete building solutions. With a dedication to drive maintainable options for better building and infrastructure and to contribute to a higher high quality of life, the Group is greatest positioned to fulfill the challenges of increasing urbanization.

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