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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. immediately completed their international merger and have launched LafargeHolcim, a world leader within the building supplies industry.

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

Holcim’s shareholders had previously approved the merger-associated resolutions at an Extraordinary Normal 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 turn out to be effective.

LafargeHolcim additionally unveils its new logo and corporate id 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: "In the present day’s closing is a historic event – not only for our founding firms but also for the industry as a whole. LafargeHolcim has a novel enterprise portfolio, is the industry benchmark in R&D and provides its customers the widest range of modern and worth-adding products, providers and solutions – from smallholders to large enterprises and most complicated projects."

Bruno Lafont, Co-Chairman of the Board of Directors of LafargeHolcim, adds: "This new firm is constructed on the rich history and tradition of Lafarge and Holcim and its teams. The merger has not only resulted in a bigger and more global company but 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 working mannequin 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 change supply to offer the remaining Lafarge shareholders the opportunity to additionally tender their shares. The new offer interval will start on July 15, 2015 for a period of ten trading days until July 28th.

In April 2014 both corporations had introduced their intention to merge. The Group obtained all related 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 those transactions is expected within the approaching months.

The global launch of the new firm might 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 supplies industry. The Group has a hundred and fifteen,000 staff all over the world 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 individual housebuilder to the largest and most complicated project with the widest range of value-adding products, modern companies and complete building solutions. With a commitment to drive sustainable options for better building and infrastructure and to contribute to a higher high quality of life, the Group is greatest positioned to satisfy the challenges of increasing urbanization.

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