Holcim And Lafarge Full Merger And Create LafargeHolcim

Holcim And Lafarge Full Merger And Create LafargeHolcim

Holcim Ltd and Lafarge S.A. right this moment accomplished their international merger and have launched LafargeHolcim, a world leader within the building materials industry.

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

Holcim’s shareholders had beforehand approved the merger-associated resolutions at an Extrabizarre Common Assembly on Might 8, 2015. With the completion of the merger the mandate of the new Board of Directors and of the new Executive Committee with Eric Olsen as CEO has grow to be effective.

LafargeHolcim also unveils its new emblem and corporate identity today. It has been designed to demonstrate that Holcim and Lafarge have united to kind one firm, expressing the leadership and power of the new Group.

Wolfgang Reitzle, Co-Chairman (statutory Chairman) of the Board of Directors of LafargeHolcim, says: "Immediately’s closing is a historic event – not only for our two founding companies but also for the trade as a whole. LafargeHolcim has a unique enterprise portfolio, is the business benchmark in R&D and affords its clients the widest range of revolutionary and value-adding products, providers and options – from smallholders to giant enterprises and most complex projects."

Bruno Lafont, Co-Chairman of the Board of Directors of LafargeHolcim, adds: "This new firm is built on the rich history and tradition of Lafarge and Holcim and its teams. The merger has not only resulted in a larger and more global company but brings about a unique set of complementary capabilities to capitalize on. Under the leadership of Eric Olsen, the new Group will foster a new operating mannequin and create more value for all our stakeholders."

The new LafargeHolcim shares shall be traded on the SIX Swiss Change as well because the Euronext in Paris as of July 14.

As introduced, LafargeHolcim will re-open the general public exchange provide to offer the remaining Lafarge shareholders the chance to also tender their shares. The new offer period will begin on July 15, 2015 for a duration of ten trading days until July 28th.

In April 2014 each corporations had announced their intention to merge. The Group received all related anti-trust approvals within the anticipated timeframe following a proactive dialogue with the respective authorities. In this context, operations in Europe, the US, Canada, Brazil, India, the Philippines, and Mauritius are being divested. Completion of these transactions is expected within the approaching months.

The global launch of the new company will be celebrated on July 15, 2015. LafargeHolcim will invite to a media convention on that day.


About LafargeHolcim
With a well-balanced presence in 90 countries and a deal with Cement, Aggregates and Concrete, LafargeHolcim is the world leader in the building materials industry. The Group has 115,000 staff around the globe and mixed net sales of CHF 33 billion (EUR 27 billion) in 2014. LafargeHolcim is the industry benchmark in R&D and serves from the person housebuilder to the most important and most complex project with the widest range of worth-adding products, progressive services and comprehensive building solutions. With a dedication to drive maintainable solutions for higher building and infrastructure and to contribute to a higher quality of life, the Group is best positioned to meet the challenges of increasing urbanization.