Grupo de Oro and Holcim Lafarge launch new cement product

Little can be constructed without using concrete, probably the world’s most versatile material, as Patrick Smith reports As if needed, the construction of a canoe made entirely out of concrete is yet another way of proving the material’s versatility. While making such craft using concrete is not new, one of the most recent examples has come from Utah State University (USU) in the USA where an engineering club paddled a lighter-than-water concrete canoe.

Holcim and Lafarge have completed their global merger and have launched LafargeHolcim, a world leader in the building materials industry.

All conditions for the completion of the merger have been fulfilled following the successful completion of the public exchange offer and the issuance of new Holcim shares to Lafarge shareholders.

Holcim’s shareholders had previously approved the merger-related resolutions at an Extraordinary General Meeting on 8 May, 2015.

With the completion of the merger the m

The world’s two largest cement producers, Lafarge and Holcim, have agreed a multi-billion merger of equals in the industry's biggest ever tie-up. The merger, planned for completion in the first half of 2015 will create LafargeHolcim, “the most advanced group in the building materials industry.”

Although Lafarge and Holcim have agreed revised terms to allow their €42 billion merger to go ahead, it is not yet a done deal. The companies have agreed a new share-swap ratio (nine Holcim shares for ten Lafarge shares), and it was decided that Lafarge boss Bruno Lafont would no longer become CEO of what would be the world’s largest cement group.