Holcim And Lafarge Complete Merger And Create LafargeHolcim

Holcim And Lafarge Complete Merger And Create LafargeHolcim

Holcim Ltd and Lafarge S.A. right now completed their world merger and have launched LafargeHolcim, a world leader in the building supplies industry.

All conditions 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 Extraunusual Basic 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 also unveils its new emblem and corporate identity today. It has been designed to demonstrate that Holcim and Lafarge have united to form 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: "Right this moment’s closing is a historic event – not only for our two founding corporations but in addition for the business as a whole. LafargeHolcim has a novel business portfolio, is the industry benchmark in R&D and offers its clients the widest range of revolutionary and value-adding products, companies and solutions – from smallholders to massive enterprises and most complicated projects."

Bruno Lafont, Co-Chairman of the Board of Directors of LafargeHolcim, adds: "This new company is constructed on the rich history and culture of Lafarge and Holcim and its teams. The merger has not only resulted in a larger and more world firm however brings a few distinctive 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 worth for all our stakeholders."

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

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

In April 2014 both firms had introduced their intention to merge. The Group received 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 these transactions is expected within the coming months.

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


About LafargeHolcim
With a well-balanced presence in ninety countries and a give attention to Cement, Aggregates and Concrete, LafargeHolcim is the world leader in the building materials industry. The Group has 115,000 staff world wide and combined net sales of CHF 33 billion (EUR 27 billion) in 2014. LafargeHolcim is the industry benchmark in R&D and serves from the individual dwellingbuilder to the biggest and most complex project with the widest range of worth-adding products, innovative companies and comprehensive building solutions. With a dedication to drive sustainable solutions for higher building and infrastructure and to contribute to a higher quality of life, the Group is best positioned to satisfy the challenges of accelerating urbanization.

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