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 accomplished their global merger and have launched LafargeHolcim, a world leader in the building materials industry.

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

Holcim’s shareholders had previously approved the merger-associated resolutions at an Extrabizarre Basic Assembly on May 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 change into effective.

LafargeHolcim additionally unveils its new brand and corporate identity today. It has been designed to demonstrate that Holcim and Lafarge have united to form 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: "As we speak’s closing is a historic event – not only for our two founding firms but in addition for the business as a whole. LafargeHolcim has a novel enterprise portfolio, is the business benchmark in R&D and affords its customers the widest range of revolutionary and value-adding products, companies 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 firm 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 world company but 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 working mannequin and create more worth for all our stakeholders."

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

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

In April 2014 each corporations had announced their intention to merge. The Group received all relevant anti-trust approvals within the anticipated 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 anticipated within the approaching months.

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


About LafargeHolcim
With a well-balanced presence in 90 international locations and a deal with Cement, Aggregates and Concrete, LafargeHolcim is the world leader in the building materials industry. The Group has a hundred and fifteen,000 staff around the globe 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 most important and most advanced project with the widest range of value-adding products, innovative services and complete building solutions. With a dedication to drive sustainable options for better building and infrastructure and to contribute to a higher quality of life, the Group is finest positioned to fulfill the challenges of increasing urbanization.

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