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Holcim And Lafarge Complete Merger And Create LafargeHolcim

Holcim And Lafarge Complete Merger And Create LafargeHolcim

Holcim Ltd and Lafarge S.A. today accomplished their world merger and have launched LafargeHolcim, a world leader within the building supplies industry.

All situations for the completion of the merger have been fulfilled following the profitable completion of the general public exchange provide and the issuance of new Holcim shares to Lafarge shareholders.

Holcim’s shareholders had previously approved the merger-associated resolutions at an Extraordinary General Assembly on May eight, 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 additionally 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: "At the moment’s closing is a historic event – not only for our founding companies but in addition for the trade as a whole. LafargeHolcim has a unique business portfolio, is the industry benchmark in R&D and gives its customers the widest range of progressive and value-adding products, services and solutions – from smallholders to massive enterprises and most advanced projects."

Bruno Lafont, Co-Chairman of the Board of Directors of LafargeHolcim, adds: "This new company 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 world firm however brings about a unique set of complementary capabilities to capitalize on. Under the leadership of Eric Olsen, the new Group will foster a new working model and create more value for all our stakeholders."

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

As introduced, LafargeHolcim will re-open the public exchange provide to provide the remaining Lafarge shareholders the chance to additionally 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 both companies had announced their intention to merge. The Group acquired all relevant 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 those transactions is anticipated within the approaching months.

The worldwide launch of the new firm can 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 nations and a concentrate on Cement, Aggregates and Concrete, LafargeHolcim is the world leader in the building materials industry. The Group has a hundred and fifteen,000 employees around the globe and combined net sales of CHF 33 billion (EUR 27 billion) in 2014. LafargeHolcim is the trade benchmark in R&D and serves from the person residencebuilder to the largest and most complicated project with the widest range of worth-adding products, revolutionary services and complete building solutions. With a commitment to drive sustainable options for higher building and infrastructure and to contribute to a higher high quality of life, the Group is best positioned to fulfill the challenges of increasing urbanization.

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