Lafarge acquires Elite stake

Spain-based Elite Cement has announced that a 35% stake in its business has been sold to Lafarge but the company will continue to operate independently.
March 12, 2012 Read time: 1 min

Spain-based 3794 Elite Cement has announced that a 35% stake in its business has been sold to 725 Lafarge but the company will continue to operate independently. The stake was previously held by Proyectos, Servicios y Conservacion 3. Under the deal, the plant in Puerto de Castellon will now be supplied with clinker by Lafarge.

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