The proposed merger of the Swiss cement producer
In this way, the competitiveness of the resulting entity will be strengthened. Holcim and Lafarge also plan to sell off plants and business segments that have become unprofitable due to the lower demand for construction materials as a result of the financial crisis.
The units to be sold amount to a total value of around €3.60 billion, and both companies hope that such sales will assist in receiving approval for the merger from the competition authorities.
