France’s Cement Roaston acquires Kercim

Kercim, a French company specialising in cement production and created in late 2012, has been bought Irish company Cement Roaston Holdings, which employs 76,000 people. The takeover value remains undisclosed, and will be effective at the end of June 2015. In 2013, the company's founder and shareholder Jean-Marc Demange died, and the initial shareholders sold their stake to Lafarge on 1 July, 2014, although the products were still marketed under the Kercim name. The planned merger of Lafarge and Holcim oblig
March 17, 2015 Read time: 1 min

Kercim, a French company specialising in cement production and created in late 2012, has been bought Irish company Cement Roaston Holdings, which employs 76,000 people.

The takeover value remains undisclosed, and will be effective at the end of June 2015.

In 2013, the company's founder and shareholder Jean-Marc Demange died, and the initial shareholders sold their stake to 725 Lafarge on 1 July, 2014, although the products were still marketed under the Kercim name.

The planned merger of Lafarge and 680 Holcim obliges the sale of Kercim.

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Holcim-Lafarge step up asset divestment plans

Cement making giants Holcim and Lafarge are stepping up plans to shed assets in order to win clearance from competition regulators for their planned mega-merger, including possibly spinning them off into a new company.

Swiss firm Holcim says that the two companies are seconding one senior manager each to a committee responsible for divesting assets that would look at options including setting up a new business as well as outright sales.

Analysts have mostly assumed until now that the two companies wou

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