European Commission probably approves merger of Holcim and Lafarge

According to insiders, the merger of Swiss cement group Holcim and French industrial company Lafarge will probably be approved by the European Commission. However, it is reported that it could be possible that the companies will have to sell one or two parts. Holcim and Lafarge have already put some divisions up for sale in different countries amounting to several millions of Euro.
December 8, 2014 Read time: 1 min

According to insiders, the merger of Swiss cement group 680 Holcim and French industrial company 725 Lafarge will probably be approved by the 1022 European Commission.

However, it is reported that it could be possible that the companies will have to sell one or two parts.

Holcim and Lafarge have already put some divisions up for sale in different countries amounting to several millions of Euro.

The merger is planned to be completed in the first half of 2015.

The Commission will publicly announce its decision on 15 December 2015.

A Lafarge spokesperson confirmed that eight anti-trust authorities have already approved the transaction, which includes Russia, South Africa and Turkey among others.

Asphalt Plants, Equipment & Applications

For more information on companies in this article

Related Content

January 23, 2015

CRH in Lafarge Holcim asset talks

CRH has confirmed it is in talks with Lafarge and Holcim over the possible acquisition of some assets from the soon to merge French and Swiss cement giants.

A company spokesperson said: “CRH notes the recent press speculation and confirms that it is in discussions with Lafarge and Holcim regarding the potential acquisition of certain assets being disposed of by Lafarge and Holcim in advance of their proposed merger.

“While there can be no certainty that these discussions will result in a transaction,

December 17, 2014

Lafarge and Holcim get EC clearance for proposed multi-billion euro merger

Lafarge and Holcim have received clearance from the European Commission for their proposed multi-billion euro merger.
Following constructive discussions with the EC in the pre-notification period and throughout its Phase I investigation, Holcim and Lafarge have now finalised the list of assets for divestment in Europe, which with the exception of a very slight change in France essentially corresponds to the list presented in October.
“We are very pleased with the positive decision of the European Commiss

June 5, 2014

Holcim’s German acquisition of Cemex West cleared by European Commission

Holcim has received unconditional clearance by the European Commission for its proposed acquistion of Cemex West in Germany. The decision follows a detailed Phase II review by the European Commission. The acquisition in Germany is part of the strategic portfolio optimization in Europe that includes a series of transactions together with Cemex and that is separate from the intention to merge with Lafarge. In the Czech Republic, the proposed acquisition of Holcim Cesko by Cemex was cleared by the local co

boombox1

Highlighted Content

boombox2