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

Holcim’s shareholders had beforehand approved the merger-associated resolutions at an Extraordinary 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 change into effective.

LafargeHolcim also unveils its new brand and corporate identity today. It has been designed to demonstrate that Holcim and Lafarge have united to type one company, expressing the leadership and strength of the new Group.

Wolfgang Reitzle, Co-Chairman (statutory Chairman) of the Board of Directors of LafargeHolcim, says: "In the present day’s closing is a historic event – not only for our founding companies but also for the industry as a whole. LafargeHolcim has a singular business portfolio, is the industry benchmark in R&D and provides its prospects the widest range of revolutionary and worth-adding products, companies and options – from smallholders to massive 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 world company however brings a couple of 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 will likely be traded on the SIX Swiss Change as well as the Euronext in Paris as of July 14.

As introduced, LafargeHolcim will re-open the general public change offer to give 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 till July 28th.

In April 2014 each firms had introduced their intention to merge. The Group acquired all relevant anti-trust approvals within the expected 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 anticipated within the coming months.

The worldwide launch of the new company 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 give attention to Cement, Aggregates and Concrete, LafargeHolcim is the world leader within the building materials industry. The Group has a hundred and fifteen,000 workers all over the world and mixed net sales of CHF 33 billion (EUR 27 billion) in 2014. LafargeHolcim is the trade benchmark in R&D and serves from the individual dwellingbuilder to the most important and most complex project with the widest range of value-adding products, modern services and complete building solutions. With a dedication to drive sustainable options for better building and infrastructure and to contribute to a higher quality of life, the Group is best positioned to meet the challenges of increasing urbanization.

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