Holcim And Lafarge Full Merger And Create LafargeHolcim

Holcim And Lafarge Full Merger And Create LafargeHolcim

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

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

Holcim’s shareholders had previously approved the merger-related resolutions at an Extrapeculiar General 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 become effective.

LafargeHolcim also unveils its new brand and corporate identity today. It has been designed to demonstrate that Holcim and Lafarge have united to kind one firm, expressing the leadership and strength of the new Group.

Wolfgang Reitzle, Co-Chairman (statutory Chairman) of the Board of Directors of LafargeHolcim, says: "At the moment’s closing is a historic occasion – not only for our two founding companies but in addition for the business as a whole. LafargeHolcim has a novel enterprise portfolio, is the industry benchmark in R&D and offers its prospects the widest range of revolutionary and value-adding products, companies and solutions – from smallholders to large enterprises and most complicated projects."

Bruno Lafont, Co-Chairman of the Board of Directors of LafargeHolcim, adds: "This new firm is constructed 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 about a distinctive set of complementary capabilities to capitalize on. Under the leadership of Eric Olsen, the new Group will foster a new working model and create more value for all our stakeholders."

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

As introduced, LafargeHolcim will re-open the public change provide to present the remaining Lafarge shareholders the opportunity to also tender their shares. The new supply period will start on July 15, 2015 for a length of ten trading days until July 28th.

In April 2014 each firms 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 expected within the approaching months.

The global launch of the new firm 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 ninety nations and a concentrate on Cement, Aggregates and Concrete, LafargeHolcim is the world leader within the building supplies industry. The Group has a hundred and fifteen,000 workers around the globe and combined net sales of CHF 33 billion (EUR 27 billion) in 2014. LafargeHolcim is the industry benchmark in R&D and serves from the person housebuilder to the largest and most advanced project with the widest range of value-adding products, innovative providers and complete building solutions. With a commitment to drive sustainable solutions for better building and infrastructure and to contribute to a higher quality of life, the Group is greatest positioned to meet the challenges of increasing urbanization.
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